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IRS Audit - day trader wash sale confusion

Started by throwaway_account_7_18 · Apr 18, 2024 · 911 views · 2 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
TA
throwaway_account_7_18 OP

Has anyone dealt with something like this? I'm not sure what my options are.

day trader wash sale confusion. I've been dealing with this for about 11 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

What are my legal options here? Is it worth pursuing?

FP
fine_print_reader_9

Not a lawyer, but I have direct experience with this.

What worked for me was having everything documented. It took 3-6 months but was worth it.

LI
LitigatorAnna_33

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.