Calculate Washsales and prepare Schedule D

Jan 21, 2010 0 Replies

If you buy and sell stocks many times per year, reporting all those sales on Schedule D can be a laborious chore. For many people the key problem is the sheer volume of data to be entered; others are stymied by the complexities of the wash sale rule. Ordinary tax return preparation software won't solve these issues, but TradeMax does the trick. It's specifically designed to make it easy to download transaction data from your broker, automatically identify wash sales and make necessary adjustments, classify transactions as short-term or long-term, and produce the forms you need for your tax return within minutes. TradeMax is the best available solution for active traders. TradeMax makes your life much easier. It is relatively straight forward, less error-prone.

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