Last year, when I was preparing my taxes, I called and asked questions to Keen tax service about wash sales. I was basically told not to worry about it as long as all positions were liquidated before year end. Last year I did not file as a 'Trader'. This year I intend to file as a Trader, but with that, I increase the probability of a tax audit. This increases my concern as to whether last years advice is correct or not. The first seven months of the year I daytraded securities continuously and did so with the same stocks time and time again, (probably 30 or 40 stock on a regular basis). The last part of the year I switched to e-mini futures, (which is where I have had the most difficult time in generating a profit). My question is, do I have to go through some sort of elaborate process in calculating the actual loss, (I had a gross loss for the year), via wash sales rules??? I did not elect the MTM.