The US IRS Wash Sale Rule really got me. IRS is showing a profit while i actually made a loss (started actively trading Nov 1). So i'm looking into Mark to Market (MTM) and Trader Tax Status.
It looks like TradeLog help is classification as Trader Tax Status. The $199 subscription includes Form 4797 filing and supporting documents for filing.
i signed up for the free trial for Tradelog, It was able to import my IB transactions after fumbling with it for a bit. I had to disable smartphone authentication, and then download one month at a time instead of the entire year (only 2 months for me so it wasn't too bad).
Anyone else use Tradelog? If i can write off all my Wash Sale losses, DAS subscription, forum costs, etc., it'll be well worth the $199.
Mike