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IRS Audit — day trader wash sale confusion

Started by asking_for_friend_freelancer_question · Apr 6, 2025 · 911 views · 4 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
AF
asking_for_friend_freelancer_question 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?

SA
seeking_advice_student_GA

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.

MA
MusicProducer_ATL

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.

FT
first_time_worker_TX

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

TE
throwaway_employee_CO

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.

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