I am interested in applying for TTS / MTM Exemption 475 for 2022 for the sole reason of not having to deal with wash sale rules. I'm not doing it for the health insurance or retirement contributions side so doing it as an individual and not incorporating. I'm curious if anyone has applied for MTM/475 and can help on how to proceed. Do i just tell my broker starting tomorrow, January 3rd, to set my account to MTM? How does that affect any wash sales i am still waiting 30 days to clear that i may have traded on December 30th? I have a few stocks I will not trade until end of January so the 30 day wash sale clears for certain ones i traded end of December. Does the broker still calculate this on 2021 trades even if setting my account to MTM for 2022? I did not have any losses last year so there are not carry over losses to deal with for 2022. Are there any cons to going the MTM route for 2022 as far as taxes go? Thanks in advance for any insights!