KrisD15
Expert Alumni

Investors & landlords

HERE is a link that might help 

 

You do not file 3115 , that is to change accounting methods, you file a STATEMENT to elect the Mark to Market filing. 

If you file the statement in 2024, it will be for 2024 and beyond. You can't file now (in 2024) to make the election for 2023. 

You must be able to prove that for 2023 you traded like a Trader to claim "Trader Status" for 2024. You can't claim it because you will trade that way in the future.

 

TurboTax provides no way for you to include that statement unless you mail the return with the statement.

You can mail the File For Extensions with the statement and e-file the return.

 

I realize we are at the deadline, but this allows you to mail the statement but e-file the return. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"