TradeLog Software Accurately Calculates Capital Gains and Wash Sales for IRS Schedule D Form 8949

. . . and is the top choice of  LEADING TAX EXPERTS:

Why Every Securities Trader & Investor Needs TradeLog

There is no "magic bullet" when it comes to filing your taxes from trading.  Reporting gains and losses on IRS Schedule D is a complex process, and therefore, requires a robust tax accounting solution.

Broker 1099-B reports are often useless for tax reporting since the IRS has different rules for taxpayers than they do for brokerages. No, you did not read that wrong! Let me say that again: The IRS has different reporting rules for taxpayers than they do for brokerage 1099s. And in many cases (maybe as high as 90%) your brokerage 1099-B will not match with what you, the taxpayer, are required to report on Schedule D Form 8949.

Please read our IRS Form 1099-B Tax Topic for more details.

The result is that many taxpayers over pay their taxes from trading, or under pay and face penalties, all because they relied solely on their broker provided 1099-B when completing Schedule D Form 8949.

Popular Tax Programs Were Not Designed for the Needs of Active Traders

You might also be surprised to learn that popular tax programs like TurboTax® and H&R Block at Home® use the same innacurate profit and loss information when completing Schedule D Form 8949. In addition, most of these programs are not equipped to handle more than a handful of trades.

ACTIVE TRADERS AND INVESTORS SHOULD THEREFORE, NOT USE POPULAR TAX SOFTWARE WITHOUT ADDITIONAL TAX REPORTING TOOLS LIKE TRADELOG.

Features Not Found in Other Tax Programs

TradeLog was designed for the complex tax reporting needs of active traders and investors.

• Complex Wash Sale Adjustments Done Correctly
  Wash sales between stocks and options, and across all accounts - including IRAs.
• Accurate, IRS Schedule D Form 8949
  Tax reporting according to IRS rules for taxpayers - not brokers.
• Adjust for Exercised Options, Stock Assignments, and Corporate Actions
  Don't rely on your broker to make complex tax adjustments for you.
• 1099-B Reconciliation and Adjustment Tools
  Verify your tax reporting with broker reporting and make needed adjustments.
• Proper Classification of Broad-Based Index Options
  Correctly identify index options for section 1256 tax treatment.
• Mark-to-Market Accounting Features
  For traders with IRS section 475(f) status, and traders of section 1256 contracts.

TradeLog is the Tax Tool you need for Filing an Accurate Schedule D Form 8949.

If you are an active trader or investor, you need TradeLog.  Thousands of users have come to rely on TradeLog as the most robust tax software with the best technical support. We encourage you to see for yourself what makes TradeLog the top choice of tax experts and traders like you.