IRS schedule d, wash sales in 15 minutes or less!

TradeLog™ takes the headache out of calculating capital gains and wash sales.




If you actively trade stocks, options, mutual funds, or single-stock futures and have ever tried to report these on an IRS Schedule D, then you know how painful this can be - It is an absolute nightmare!

  • Are you tired of trying to match hundreds or thousands of trade transactions by hand?
  • Have you struggled when calculating your short term capital gains and losses?
  • Are you frustrated with the IRS wash sale rule?
  • Is it simply taking too much of your valuable time to fill out an IRS Schedule D to file your taxes from trading?
  • Have you elected the Mark to Market accounting method, or are you thinking about doing this in the future?

WARNING - Your broker may not be telling you the whole truth!

Most brokers fail to disclose the fact that it is dangerous to file your taxes without tax lot software that was specifically designed for the needs of active traders and investors, and that in so doing you may be filing your taxes in error.

Here are 3 little known facts that may surprise you:

1. Most broker provided profit and loss statements are not accurate due to cost basis and other data errors and therefore cannot be used for filing your taxes.

2. Popular tax software programs like TurboTax©, when direct importing from your online broker, do not match trades properly for reporting on schedule d, and do not automatically calculate wash sales.

3. Most other trader tax software solutions do not calculate wash sales between short and long trades, and between "substantially identical securities" such as stocks and options as required by the IRS.


TradeLog tax lot accounting software ends the nightmare...



But don't just take our word for it, please read what some of our current users have to say about our software and the top notch support they received:

 

Due to 500 plus trades in one security, my broker's end-of-year supplemental tax sheets did not supply me with date acquired, cost basis, nor gain/loss for this security. I had already spent about ten hours looking up the missing information, calculating gain/loss and then going back and calculating wash sales (where any mistake made in calculations means that all subsequent calculations will be incorrect).

I decided to try Trade Log although I was afraid that I would not be able to use it because of my limited computer skills. Well, using the tutorial and working slowly and carefully, in less than two hours I had a great looking Schedule D combining three accounts that had all the necessary information, including wash sales to be carried forward to 2009.

Someone who is a little more computer literate than I am could have done the work in far less time than I did, because once you click the right things TradeLog generates everything instantly. TradeLog made me feel a lot smarter than I did before using it.

Now, if I had just been smart enough to not start trading in the first place, I would be in really good shape.

D. Cooper

Thank you TradeLog, you saved my life. I had 4800 transactions that would have taken me 2 weeks to sort through. Using your product, I was able to complete my Schedule D in 15-20 minutes. Thanks again! Well worth the price.

S. Johnson

I'm not a techie. I trade stocks. Annually I process more than 8,000 trades with solid 8 digit proceeds. For the last 3 years I've run GK with no customer support (it's of the hidden variety) and countless reconciling items meaning days of hair loss (that of the pulled variety). Last year I spent 2-3 weeks on the reconciliation effort. In fear for my sanity I took a shot with Tradelog based on their website clarity. Honestly, I had been waking at night with wild expectations. Not to fear, Tradeog had me finished in one day! The SAME DAY I started I FINISHED! Customer support was responsive by e-mail and phone. Why? Because the software is easy enough to allow support personnel breathing room. It will sound weird, but this has been my best tax preparation experience ever!

J. Holladay

Thank you for your offer of support, you have a great product. I have used other trader software in years past and it has always been a nightmare. I used yours last year for the first time and it was incredibly easy and fast. I completed my D-1 with over 1000 trades within a few minutes, and for the first time it was accurate!

D. Brooks

First I want to say that TradeLog is one great software. I have been using TradeLog for many years now. I find TradeLog to be an irreplaceable tool not only for tax time but on an ongoing basis throughout the trading year.

I have referred your software to many other traders who I know are current subscribers to TradeLog. Even my accounting firm was impressed.

B. Hessenius

It's nice when a product works as advertised - no glitches, no errors, no hassle. This is my third year of using your software. Thanks for a great product.

B. Avery

First let me say quickly I am a software guy and love your software. Your product worked right out of the box for me quickly while I was on the road and your email pledging support was fantastic!

A. Gates

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In an age of scaled back support, we feel that our customers deserve to speak with a live person.