Hello,

Not being familiar with the wash rule (I'm a newbie investor), I bought a sold a certain stock way too many times, for losses and gains, last year. Looking over my records and thinking how I'll report this on my taxes, I'm seriously considering having my taxes done by someone else this year.

Can someone point me at a very thorough, but easy to understand, article or paper on reporting wash rule affected trades?

Basicaly, I ended up buying this stock 25 times and selling it 9, with a net loss of several thousand. With my basic understanding of the wash rule, I'm guessing none of the sells for losses will actually count as a loss (since I never waited at least 31 days.) I'm still holding some shares from purchases last year.

I read through some other messages on this board from people in similar situations, but don't entirely understand it. Some people mentioned how the loss will eventually count after I end up selling an equivalent amount of shares and not buying them back for 31 days? Ugh, any help would be appreciated!

Thanks!