Foreign Account Reporting — day trader wash sale confusion

Started by Justin_W_14 · Oct 18, 2023 · 1,935 views · 3 replies

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

Justin_W_14 OP Oct 21, 2023

I mean i've been trying to resolve this on my own but I'm stuck.

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

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

Has anyone been through something similar? What worked for you?

allison.m_2 Oct 22, 2023

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

What trips people up most is having everything documented. I'd recommend keeping a detailed timeline instead.

priya_h4_21 Mar 20, 2026

For crypto taxes specifically: the IRS treats every swap as a taxable event, including crypto-to-crypto trades. If you used DeFi protocols, every liquidity pool entry/exit is also a taxable event. Get a crypto tax software like Koinly or CoinTracker.

same_freelancer_26 Mar 30, 2026

Thanks for the update OP. Glad things are moving forward.

Foreign Account Reporting — day trader wash sale confusion

Related Resources