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  1. Peager

    Trading and wash sale tracking...

    For a clearer presentation: https://www.investopedia.com/terms/w/washsalerule.asp#:~:text=The%20rule%20defines%20a%20wash,or%20option%20to%20do%20so.
  2. Peager

    Trading and wash sale tracking...

    You are correct that a wash sale does not apply to an IRA, BUT, trades made in your or your spouses IRA can trigger a wash sale in any of your normal trading accounts. In some circumstances, the loss is not carried forward but lost permanently. From the IRS instructions for Schedule D: Wash...
  3. Peager

    Trading and wash sale tracking...

    Because trades in any accounts I or family member's accounts can trigger a wash sale in the taxable account. That's what causes the nightmare.
  4. Peager

    Trading and wash sale tracking...

    Thanks for the input guys. I am reluctant to delve into trading platforms that I am not familiar with. I'm currently up over $450k in all five accounts for the year with well over $100k realized capital gains in my one trading account. I come from the "if it ain't broke, don't fix it" camp so...
  5. Peager

    Trading and wash sale tracking...

    Greetings everyone. I've been trading like a madman with an obsessive / cumpulsive disorder for the last several months... two Roth IRAs, two rollover standard IRAs, and a standard brokerage account... I trade stocks and options. no futures, comodities, bonds, children or small pets. All with...
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