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Subject:  Help! Tax program to handle wash sales Date:  4/10/2001  5:04 AM
Author:  rkc5000 Number:  49951 of 133017

Does anyone know of a tax program that properly handles wash sales? I have one stock that I traded 80 times and there was always this wash sale problem with many overlapping trade dates. It is just too complicated to do on my own without a program to help.

For next year's 2001 taxes I have filed for Mark-to-Market so I will not have the problem next year but right now I could sure use the help. I am sure that most active traders have the same problem so what do you all do?

I understand why there is a wash sale rule but for me it is unimportant in which year I take any losses so that is why in the future I will go with Mark-to-Market and report on form 4797 instead of Schedule D. For this year though, I am faced with this problem.

Thanks for any help you can give.

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