Records the workflow can organize
- Trade dates, instruments and holding periods
- Activity volume and frequency
- P&L, fees and account context
- Notes and source records used for review
TTS and Section 475 are not the same step
Activity documentation, a professional TTS analysis and any Section 475 election decision are distinct. Scenario tools are educational and do not make an election.
Practical review sequence
- Import or enter complete activity
- Reconcile broker records and open positions
- Review activity evidence over the relevant period
- Take the records and unresolved questions to a qualified U.S. professional