Mark to Market Inventory

Discussion in 'Taxes and Accounting' started by DisciplinedHedg, Dec 30, 2002.

  1. Traders who are mark to market have to mark (close out on paper) their holdings/inventory to the Dec.31 market price.

    As far as on the tax return, are these just another transaction? Or does the "inventory" need to be accounted for in a particular form/line?
     
  2. bone

    bone ET Sponsor

    Ask your accountant, 'ya cheap bastard.