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My review of my experience using TradeLog via the TradeLog team. I needed a good software program to properly account for my trade profits and losses because I had numerous wash sales across both taxable and non-taxable accounts.
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22 sty 2021 · TradeLog is an IRS-complaint tax prep software designed to support active traders and alternative asset investors. Learn how TradeLog can help organize and simplify your tax return this year.
How TradeLog Works – TradeLog Software. TradeLog Software. How TradeLog Works.
A basic wash sale happens when a security is sold at a loss, then repurchased in a short period of time before or after the loss. For example: Say a trader owns 500 shares of a security he paid $5,000 for. He sells the shares today for a total proceeds of $4,000, resulting in a $1,000 loss.