Taxes & day trading losses as Net Operating Losses on Sched C?
Posted in Day Trading on June 15th, 2010 by stock trading – 1 CommentI have full time job. I lost $50,000 in day trading in 2007. I understand that I can not use the Mark to Market election (I am not a professional full time trader, and I have another full time job). Can I use these $50,000 in losses as a net operating loss on Schedule C? (in other words is there any way to get around the $3,000 loss limit)? Thank you.
Marilyn



















