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Alias Born 04/03/2003

Re: Tenchu post# 101717

Friday, 04/25/2003 5:57:12 PM

Friday, April 25, 2003 5:57:12 PM

Post# of 704041
tenchu,

fyi, if you're a trader (a facts & circumstances test) & you elect the mark-to-market method, the wash sale & the $3,000 capital loss limitation rules do not apply....

if the wash sale rules apply to you, there is a program by cfs inc that some of my fellow cpas use it for their clients...i only have a couple of clients who have wash sale issues & it's not cost effective for me to buy this program....try the demo & see whether it's worth it or not....

http://www.taxtools.com/

tommy


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