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Level 6
April 3, 2026
Question

Form 475(F)

  • April 3, 2026
  • 1 reply
  • 25 views

I missed attaching form 475(F) to use the mark-to-market accounting method for securities trading for 2026 when I e-filed my 2025 tax return, can I mail it by 4/15 to have it in effect for tax year 2026 ? Or any other ways to do by 4/15 have it in effect for tax year 2026 ? 

1 reply

Intuit Community Champion
April 3, 2026

This is what the IRS says. Link. https://www.irs.gov/taxtopics/tc429

As a trader, you must make the mark-to-market election by the due date (not including extensions) of the tax return for the year prior to the year for which you intend the election to become effective. You can make the election by attaching a statement either to your income tax return if filed without an extension or to a request for an extension of time to file your return. The statement should include the following information:

ChiHoangAuthor
Level 6
April 3, 2026

Thanks, but that topic does not answer my question. Is anyone familiar with filing form 475(F), particularly in my situation?

sjrcpa
Level 15
April 3, 2026

I don't think there is actually a 475(F) Form.

Sounds like you can file a Superseding return by April 15 and attach the 475(f) election.

The more I know the more I don’t know.