Is there any publication that explains the proper way to file a Schedule C as a day trader?
There is no publication specific to DayTraders. But see the Instructions for Form 1040, Schedule D . The section “Traders in Securities” has information for DayTraders. Internal Revenue Code section 475(f) and Revenue Procedure 99-17 apply only to traders who elect to use mark-to-market method of Accounting.
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- Is there any publication that explains the proper way to file a Schedule C as a day trader?
