<prompt> Human: In 2012 I was following an online program that made me try my hand at daytrading. I recently received a notice from the franchise tax board saying I owe 550,000.. I barely make 16k a year and traded on margin a lot. I lost about 8,000 altogether not including the brokers fee.I called the FTB and just learned that you have to report stock even if you did not make a penny. I called ETrade and found out that I have over 150 pages of transaction with about 15 transaction per page. Now Im supposed to file my tax return stating how much I lost using form 8949. Can I lump these together? its over 2000 lines that I will have to fill out and theres only 16 box in each page, so about 150 page as well. How much would a tax person charge to file this, Im sure they have some software do it. Help please.  <response>: You are going to have to hire an accountant, who is going to charge you by the hour. Sounds like a lot of hours. 