Mark to Market Election? LLC?

Discussion in 'Taxes and Accounting' started by pdwst33, Apr 25, 2007.

  1. pdwst33


    Anyone familiar with this election and the IRS deadline of April 17th? What are the benefits/reasons one would choose this election. What if I don't begin trading until say October of 2007, can I retroactively file for this election since the business didn't exist on the filing deadline?

    Also, anyone know how this relates to an LLC or sub LLC? Or can anyone recommend a person or firm who specializes in this kind of info? Thanks a lot.
  2. Surdo


    Green Trader has a good reputation for trader's tax.

    el surdo
  3. nkhoi

    nkhoi Moderator