Wash Sales for Taxes Question

Quote from kgoodfl:

I called the IRS to find out and they didn't seem to understand the question. They told me to contact a CPA and no CPA that I have spoken to knows the answer or is even familiar with tax rules for day trading. The IRS person also told me that the tax codes (apparently some giant book) are not available to the public but only to CPA's. How on earth are we supposed to do our taxes without having the rules available? Apparently there are six ways to calculate the wash sales? So, we are required to find some highly specialized tax CPA and hire them to do our taxes? I found errors in my returns every time I used a CPA before and had to have them fix them. That's why I started doing them myself.
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That's surprisingly good advice from the IRS (contact a CPA). I've heard (anecdotally) that when you call the IRS, they provide bad advice a fair amount of the time and if you follow that bad advice, the consequences are your responsibility. LOL. Talk about a rigged game!

I contacted a CPA and when I got an idea of how much they would charge to prepare my Schedule D, I tried to do it myself. After dozens of hours working the wash sale violation carry forwards, I gave up because IMHO, it was humanly impossible with 1000's of trades to get it right. I went with a program called Tradelog and it did the trick for me.
 
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