Need help with Wash Sales and MTM for upcoming year 2025 tax.

Hi,

I have a few questions regarding the MTM accounting.

Q1. Do I have to contact the IRS and get their approval first before making changes to my account?

Q2. Do I have to file anything like form 475f or 3115?

Q3. How do know if I'm a qualify trader? There's no instruction on how many trades per day/limitations so that I can refer to. This is super confusing and there's no info about this on the IRS site. I have a full time job and also very active trader with about 80-100+ transactions per month.

Thanks in advance for the help answering these questions.

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