I have made a mess using my margin account broker to buy options and buying same underlying shares with my cash account broker. Then top it all, I rolled options to new year (took losses) and purchased same shares into the new year.
How do I account for this behavior in turbo tax?
I understand the brokers don't report the "spirit" of the trade moving from options to shares and only report matching option tickers so rolled options don't get accounted for properly. And it is my duty to reconcile my cash account with my margin account.
I have a figure for unreported disallowed wash sales and would at this point love to just throw the whole tax write off out the window! This accounting mess isn't worth the money I would save having a loss to carry over to the new year.
I have imported the brokers 1099 forms.
How do I take my trading yearly loss and remove $500 from it to account for the cross accounts and rolled positions?
