I'm in a difficult situation and trying to figure out my next steps.
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 tried to resolve this directly but the other party is not cooperating.
Should I hire a lawyer for this or try to handle it myself?
NAL, but from what I've read, you should file a complaint. But don't just take my word for it, get real legal advice.
So basically been there. Here's what I learned.
The trap most people fall into is filing with the appropriate government agency. I'd recommend gathering evidence first instead.
So basically nAL, but from what I've read, you should document everything. Take the above with a huge disclaimer that I'm just some person on the internet.
You could try handling it yourself but honestly a lawyer speeds things up 10x.
NAL, but from what I've read, you should check your state's specific laws. But don't just take my word for it, get real legal advice.
So basically i went through almost the exact same thing.
The #1 mistake I see here is filing with the appropriate government agency. I'd recommend gathering evidence first instead.
Quick math tip for estimated taxes: if you pay 100% of last year's tax liability in quarterly estimates, you're safe from penalties even if you owe more. 110% if your income was over $150k.