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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Kaye Thomas who wrote (468)8/24/1998 9:44:00 AM
From: Tom_  Read Replies (1) of 1383
 
Re: Trader Status

Mark-to-market election:

Makes all trading gains/losses ordinary income/loss?

Or...

Makes just gains/losses on stocks still held and shown as marked-to-market at the end of the year ordinary income/loss?

Many thanks, Kaye. Your website is a superb tool.

Tom
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