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Capital Gains Tax - day trader wash sale confusion

I publish illustrative scenarios prepared by my practice. The participants and conversations are fictional. These are not posts by real users, accounts of client experiences or reports of actual results.

Started by brief_encounter_22 · Jun 27, 2024 · 1,226 views · 5 replies

For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.

brief_encounter_22 OP Jun 28, 2024

Ngl i'm dealing with a situation and need some guidance.

day trader wash sale confusion. I've been dealing with this for about 2 weeks now and the situation isn't improving.

I have already done some research online but did not get a clear answer.

What's the typical outcome in situations like this?

another_throwaway_15 Jul 3, 2024

I've dealt with this before.

In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.

JessicaEsq_28 Dec 21, 2024

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

trying_business_93 Apr 5, 2026

Just went through this. Happy to answer questions via DM.

also_seller_11 Apr 5, 2026

I went through an audit for something similar. Documentation was key.

curious_buyer_16 Apr 5, 2026

+1 to this. Professional advice made all the difference for me.

Capital Gains Tax - day trader wash sale confusion

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