> nickr wrote:
>>> I want to take MTM for one account jointly held with my wife
>>> -- but keep our other jointly and single held accounts the
>>> standard accounting method, what ever that is called. Can I
>>> do this? Or is it all or nothing for both of us?
>> It's probably nothing. The mark to market election is
>> available only for taxpayers who qualify as "traders."
>> Traders are people who are in the trade or business of
>> buying and selling stocks for their own account in an effort
>> to time short term market swings, not make longer term
>> investments.
> I qualify as a trader; my wife does not. Can a joint account
> be selected as mark to market?
No thoughts?
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