this is what my accountant is telling me... I have a whole TON of taxes that I owe becaues of this WASH rule. I understand that you can elect to be a day trader, where you'd have to pay self employment tax, but you avoid this wash rule which would bring my tax libality down A LOT. however they are saying that this declaration as a daytrader MUST be done by april 15th of the current tax year in order to have this option. Is this true?