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 10 weeks now and the situation isn't improving.
I have already tried to resolve this directly but got conflicting advice.
What are the risks if I pursue this? What's the likely timeline?
NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.
Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.
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.
Not a lawyer, but I have direct experience with this.
I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.
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