Recent content by phfmgr

I elected mark-to-market along with my 2005 tax return, but I have never got a confirmation letter from IRS, do I need a letter from IRS to use MTM for 2006 ? thanks.

thank you Jack. you can declare yourself as a "market to market " trader, then you don't have to worry about wash sales.

yep, I got audited once, three years schedule D, it's such a painful process.

I used it once couple of years ago. the price is steep, $600 for the 100k version.

is this the total number or just one brokerage firm ? I have three accounts to combine, the total number is close to 100k. thanks.

I've got a turbo tax deluxe from Fidelity, but having problem with transaction downloading. my total transactions in 2006 are over 5000, exceeding the turbo tax limit. could anyone know a tax return software which can handle more than 5000 transactions ? thanks a lot.