Day Trading Tax Software

Monitor your Captial gain easily

I have a large number of transactions (over 5,000) from daytrading last year, and am not able to import into turbotax software.I've tried various software programs (ie. Trademax) that will import into turbotax as txf file, but am a little ucertain as to the accuracy of. Best Day Trading Software. While you can technically trade frequently enough to be a day trader with any stock trading software, some offer better tools and resources than others for fast-paced. Day traded almost every day 4. Did not hold any positions for more than 10 days. Lost about 10k in total (includes commission) After watching Green Trading tax video on youtube, I am pretty sure I qualify for Trader Tax status during this time. I guess my question is, I've never elected to become a Trader Tax Status yet.

TradeLog empowers you with the tools needed to do more than create tax reports. Take control of your wash sales, take advantage of special tax rules, or even switch to trader tax status. TradeLog's reporting has been trusted by thousands of traders and tax pros for over 20 years. Wish someone else would just do it for you?


How Does Tax Work For Day Trading

  • Setup and Combine different accounts to monitor your capital gains
    Users can setup different investment type accounts among their entire family. Neutral Trend's TradeMax® 2014 tracks and categorizes trade data automatically. Users can view all their investment accounts in one place. Combine two or more accounts to one to manage your trades and monitor your realized/unrealized gains & losses for current positions.
  • Customize your view to manage your trade and capital gains
    Neutral Trend's TradeMax® provides you the Add View function to customize your own data view to track your trade and monitor realized/unrealized gains & losses for current positions.
  • Filter the specific data to monitor the capital gains
    You can use the time filter function to track the trade data and to monitor the capital gains in specific time range.
    You can also use the column header filter function to filter the trade data and monitor realized/unrealized gains & losses for current positions.
  • Run different reports to monitor your capital gains
    You can analyze your trading performance easily with the help of Form 8949,Schedule D-1, G/L Report, Trade Detail, Wash Sales Detail Report, Summary Report, Realized Gain/Loss Transaction Report, Unrealized Gain/Loss Transaction Report, Cost Basis Transaction Report. These reports all contain the part gains & losses used to monitor your capital gains. Neutral Trend's TradeMax® also allows you to export these reports to PDF, EXCEL, WORD or TEXT files.

Track your trade


  • Comprehensive Corporate Events Module
    Recording various corporate events, on the one hand, which helps you to maintain your trading history in the event of corporate actions such as stock splits, stock merge, spinoff and symbol changes, expand the portfolios and enable you to cross-reinvest income from any investment: on the other hand, you can better adjust the cost basis of the stock by that amount and track incomes, expenses, credits, debts and banks transactions.
  • Intelligent Option Cost Basis Adjustment Function
    Auto- detecting Assigned, exercised and expired options, TradeMax® 2014 also defers cost to corresponding shares with its Option Adjustment function.
  • Powerful Forex Rates Wizard
    Auto-convert the transactions under Non-USD currency into USD figures using downloaded Forex Rates through its powerful Forex Rates Module.
  • Price History Module
    Help you make more favorable and better investment through tracking the price history of the security you downloaded and generate unrealized gain/loss report.
Day trading tax software canada

Prepare Form 8949 & schedule D

Day Trading Tax Preparation Software


Day Trading Tax Software
  • Handle wash sales
    Neutral Trend TradeMax® 2018 properly Calculates various Wash Sale scenarios, including but are not limited to, Wash Sale between identical securities (stocks and options), Wash Sales on an unequal number of securities and Wash Sales on Same Day Rule. According to different wash sale calculation methods and calculation difficulty levels, TradeMax® 2013 provides calculation rule with Low-to-high levels applying to different capital losses and generates your reports based on the selected wash sale calculation rule.
  • Powerful importing module
    Neutral Trend's TradeMax® includes lots of preset profiles to support most brokers. Users can import data file with the following type extension: *.csv, *.txt, *.xls, *.qif, *ofx, *.qfx, *tlf., *tdf . TradeMax also provides a flexible format reorganization algorithm which allows users to customize their own format.
  • Multiple transaction lot matching methods
    Neutral Trend's TradeMax® uses strict 'First In, First Out' (FIFO) trade matching as a default method.
  • Simplify tax preparation
    Neutral Trend TradeMax® calculates Wash Sales automatically. You can generate Captial gains/losses report for Schedule D purpose or export *.txf file to popular tax software such as TaxCut or TurboTax.

Intelligent Tools and Turnkey Solutions For Active Traders

Who controls your trader taxes? You're a trader, not just an average investor. You make intelligent trading decisions for success. Why would you let your trader taxes be controlled by your broker-provided 1099-b?

TradeLog empowers you with the tools needed to do more than create tax reports. Take control of your wash sales, take advantage of special tax rules, or even switch to trader tax status. TradeLog's reporting has been trusted by thousands of traders and tax pros for over 20 years.

Day Trading Tax Software

Wish someone else would just do it for you? We provide turnkey service solutions with Trader Tax Solutions by TradeLog, letting you focus your time on trading while we take care of the tax part.

Form 8949

Best Day Trading Tax Software

  • Import actual trade history from almost any broker.
  • Apply special tax rules for Section 1256 contracts and more.
  • Generate IRS-ready Form 8949 Schedule D reporting.
  • eFile with your preferred solution like TurboTax® or TaxAct®.

Control Wash Sales

  • Account for wash sales the IRS requires, but that your broker can't report.
  • Manage wash sales before year-end with TradeLog's Potential Wash Sales Report.
  • Transparent reporting reveals how wash sales impact your bottom-line.

Trader Tax Status

  • Automate year end mark to market adjustments.
  • IRS Form 4797 reporting for section 475(f) traders.
  • Section 481 reporting for mark to market election.
  • Special tax handling for volatility ETNs and more.

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