Importing the G/L Report into TaxACT®
The Gains and Losses report may be imported into TaxACT® Deluxe version. Currently this is the recommended software for e-filing your trader taxes.
Note: Currently TaxACT® cannot import more than 1,000 records. If your data exceeds that record limit you can still use TaxACT®, and you can probably still e-file. Follow the instructions below for entering your schedule D totals into TaxACT®: