Recent content by Sasha188

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    Wash Sale Disallowed.

    Thanks for your input Brumby. Appreciated it.
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    Wash Sale Disallowed.

    Thanks Brumby. I agreed the "none of that is caught within the wash sale provision" part. Thus, the number of 35k doesn't seem right neither. I can't obtain much info from 1099 neither. It seems only have short term loss, wash sale disallowed and short/long term gain etc summarized info. Dumb...
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    Wash Sale Disallowed.

    Thanks a lot Brumby for your input. I appreciated it highly. Your number makes lots of sense to me. So the 17K wash sale disallowed from Sep to Dec no need to be reported(or say should carry forward to next year?). I was staring at these numbers and thinking if 280-240=(40k) (Loss from Jan-Aug)...
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    Wash Sale Disallowed.

    Thanks for replying Gerryg. May I ask how did u get 252k calculated? This person started acct with 100k. ended up around 65k at year end. so loss of anything over 100k doesn't sound right to me. Based on his broker, he was advised to calculate the short term loss as...
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    Wash Sale Disallowed.

    Hi Fellow Traders, I was helping someone on tax reporting and got a question on wash sale loss disallowed which I have no knowledge in this area. Basically this person had wash sale loss disallowed(from Jan-Aug) of $240k, realized loss of ($280k). Then wash sale loss disallowed(from Sep-Dec) of...
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    IRS Tax of 500% is (obviously) Unfair

    Hi Agogodaddyo, just wondering how you got this problem solved. A friend of mine encountered the same issue. He is frustrated and not sure what's the best to solve the problem. Can you please contact me when you see my message. Thanks!
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