I.R.C. 475 Field Directive related to Mark to Market
Apr 14, 2011 · I.R.C. §475 allows traders in securities or commodities, as well as dealers in commodities, to elect to mark-to-market their securities or commodities to market annually. Traditionally, gains and losses are deferred until disposition, but the mark-to-market provisions of I.R.C. §475 require income recognition without realization.
DA: 46 PA: 8 MOZ Rank: 80