- Day Trading Tax Software Canada
- Is Day Trading Tax Free
- How Does Tax Work For Day Trading
- Day Trading Tax Software
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. Software like DIY.Fund can make this easier to manage. You could also consider entering information into the Maxit Tax Manager from Ally Invest. Whatever system you use, enter your information every day. Your brokerage account will issue this same information, but it can be a mountain of paperwork come tax time.
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.
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
Additional TaxFiles can be
purchased - see details below.
Day Trading Tax Software Canada
FEATURES
Is Day Trading Tax Free
Wash Sales, IRA Support
Stocks & Options - Form 8949
Sec 1256 / Futures - Form 6781
Performance Analysis
Technical Support
Sec 475(f) MTM - Form 4797
How Does Tax Work For Day Trading
NOTES ABOUT TRADELOG SOFTWARE SUBSCRIPTIONS:
Day Trading Tax Software
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.