By displaying unrealized gains and losses your broker can help you cut your tax bill.
FORBES: How to Calculate a Cost Basis For Your Stock
With mark-to-market (economic reporting) in Section 1256, futures traders receive a one-page Form 1099 with their realized and unrealized gains and losses for the year.
FORBES: Beware The Long (Global) Arm Of The IRS
Better idea: Sit on the unrealized gains and put those losses to better use in coming years.
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