Recent content by agogodaddyo

Yes the TD Ameritrade year end statement show Net Gains/Loss as $800,000. There is a section that shows total proceeds, total cost basis, and most importantly Wash Sale Loss Disallowed. That section wipes out against the cost basis section resulting in the huge disparity. I looked up the meaning...

Last year I placed my life savings of $200,000 into a TD Ameritrade account. I chose to work in the volatile oil & gas sector. There were many days were the stocks I worked in were up or down 15-20%. At the end of the year my account was $400,000. I should be paying capital gains on $200,000 but...