phuong-paik
Level 1
 
0 Cheers
Terry53029
Level 14
Level 14

If your client has made the 475f election, then you would file on schedule C and 4797. Here is a good article on subject:

https://www.thetaxadviser.com/issues/2010/feb/sec475mark-to-marketelection.html

0 Cheers