mykogan67

I'm in. Top golf is good but i'm fine with a restaurant also - either way. And agree on hiking Camelback recommendation for Andrew.

One thing i saw in researching is that you have to notify the IRS ahead of time that you're changing accounting method to MTM. So it's apparently already too late for 2017 tax year. For 2018 tax year, you'd need to file IRS Form 3115 by April 15th this year. MIke

Hi Lee, It was considered disallowed because it was over December/January. So you can't sell in December, claim the loss last year, then buy it back in January this year. And yes, I agree that i'll be able to deduct it next year as I understand it. I'll just be more careful next year around December/January and hopefully, fewer losses! Thanks for the info and links. I'll check out the Green Trader video. MIke

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