TradeLog Accurately Calculates Wash Sale Adjusted Capital Gains for IRS Schedule D Form 8949
Why every stock and option trader needs TradeLog
Reporting gains and losses on IRS Schedule D is a complex process
There is no "magic bullet" when it comes to filing your taxes. Doing your own taxes is not easy, and anyone who suggests that it is has not done his homework.
Most brokerage 1099-B reports are useless for tax reporting
The IRS has different rules for taxpayers than they do for brokerages. In many cases your brokerage 1099-B will not match with what you, the taxpayer, are required to report on Schedule D Form 8949.
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 never designed for active traders
You might also be surprised to learn that popular tax programs like TurboTax® and H&R Block at Home® use the same inaccurate 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.
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 has been generating accurate Schedule D tax reporting for traders and investors for over twelve years. We encourage you to see for yourself what makes TradeLog the top choice of tax experts and traders like you.