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Foreign Account Reporting — day trader wash sale confusion

Started by RestaurantOwner_Miami · May 22, 2023 · 1,198 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.
RM
RestaurantOwner_Miami OP

Quick background on my situation — any input appreciated.

day trader wash sale confusion. I've been dealing with this for about 9 months now and the situation isn't improving.

I have already tried to resolve this directly but the other party is not cooperating.

Do I have a strong case? What should my next steps be?

PB
PatentAgent_Boston

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

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

FT
first_time_parent_IL

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.

BFV
BankFraud_Victim

The key lesson I learned from my experience: DOCUMENT EVERYTHING. Screenshots, emails, certified letters, photos — all timestamped. When it came time to prove my case, having a clear paper trail made all the difference.