Day trading software is the general name for any software that helps you analyse, decide on, and make a trade. It may grant you access to all the technical analysis and indicator tools and resources you need. The best software may also identify trades and even automate or execute them in line with your strategy. See our best tax software picks for 2021, whether you have a simple tax return you can file for free or you have more complicated tax needs. More specifically, have you found that products like Turbo Tax and H&R Block cover the unique tax situation that day traders have to deal with, when it comes to filing Schedule C, D, and the Market to Market concept? #1 Jan 15, 2007. Neutral Trend's TradeMax® 2014 allows user to generate capital gains/losses report for Form 8949 purpose or export.txf file to popular tax software such as TaxCut, TurboTax or export taxact csv file to taxact online. Record Corporate Events to track your trade history. Overview of Neutral Trend TradeMax® 2018. Designed for active traders to calculate their capital gain TradeMax® 2018, designed for active trader for its great capacity to support unlimited number of trades, also breezes normal traders with its function to auto-generate Form 8949 from several accounts. It exports Form 8949 with larger than 100,000 transactions which normal tax software.
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.
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
- 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.
Day Trading Tax Software Canada
Find the TradeLog subscription that fits your needs...
200 Trade Records
Unlimited Broker Accounts
(1) TaxFile Included
Additional TaxFiles can be
purchased - see details below.
FEATURES
Wash Sales, IRA Support
Stocks & Options - Form 8949
Sec 1256 / Futures - Form 6781
Performance Analysis
Technical Support
600 Trade Records
Unlimited Broker Accounts
(1) TaxFile Included
Additional TaxFiles can be
purchased - see details below.
FEATURES
Wash Sales, IRA Support
Stocks & Options - Form 8949
Sec 1256 / Futures - Form 6781
Performance Analysis
Technical Support
1500 Trade Records
Unlimited Broker Accounts
(1) TaxFile Included
Additional TaxFiles can be
purchased - see details below.
FEATURES
Wash Sales, IRA Support
Stocks & Options - Form 8949
Sec 1256 / Futures - Form 6781
Performance Analysis
Technical Support
Sec 475(f) MTM - Form 4797
Unlimited Trade Records
Unlimited Broker Accounts
(1) TaxFile Included
Best Day Trading Tax Software
Additional TaxFiles can be
purchased - see details below.
FEATURES
Wash Sales, IRA Support
Stocks & Options - Form 8949
Sec 1256 / Futures - Form 6781
Performance Analysis
Technical Support
Sec 475(f) MTM - Form 4797
NOTES ABOUT TRADELOG SOFTWARE SUBSCRIPTIONS:
Best Tax Software For Day Traders
TradeLog Software runs under Microsoft Windows and does not run natively on an Apple Mac.
Some users have been able to run TradeLog on their Mac by purchasing emulation software - see our System Requirements for details.One-Year Subscription Details:
A one-year subscription to any TradeLog subscription record level entitles you to exclusive use of all of the trade accounting and tax functions as described on this web site for a period of one full year from the original date of purchase. Please note: Subscriptions are NOT automatically renewed, and your credit card will not be billed automatically when your subscription expires.One-Year Subscriptions include one TaxFile:
A TaxFile entitles you to create one (1) TradeLog file for:- One (1) Taxpayer ID (SSN or EIN)
- One (1) Tax Year - any year up to the current tax year
- One (1) TaxFile required for each new Taxpayer ID and/or Tax Year
- Total of six (6) TaxFile limit per subscription (unique RegCode)
TradeLog PRO Version Subscriptions for CPAs and Professionals:
Pro Version subscriptions for accountants to use in behalf of their clients allow for:- an unlimited number of additional TaxFiles at $75.00 each
- an unlimited number of Taxpayer IDs (SSN or EIN)
One-Year Subscription Record Levels:
TradeLog tax files are limited to the total number of records (individual buy and sell transactions) for all accounts for a specific taxpayer and tax year.One-Year Subscription Renewals are available at a 20% discount:
To extend your subscription, you may purchase a one-year subscription renewal at a 20% discount up to 30 days after your subscription expires. Discounted renewals extend your subscription one year from your current expiration date. If you wait more than 30 days from your subscription expiration data, the renewals will be at list price.
TradeLog PRO subscriptions do not automatically qualify for 20% renewal. Please request a quote for TradeLog PRO renewal.Use of TradeLog Software:
You may install and use two (2) copiesof TradeLog on two (2) different computers ownedand used by you.