TradeAccountant 3.8
or 10 years active traders and leading tax professionals have placed trust in TAPro to simplify managing multiple accounts, manage options exercise/assign/expire, apply splits, reconcile trades and correctly generate gain/loss reports or a .TXF file for Tax Software. Some have used TAPro to find Form 1099 data errors worth $1,000s. Some Form 1099 and Schedule D errors are as large as $200K. This is part of our founder's story and a reason TAPro was created.
You can import data for multiple years and multiple brokerages, then set a data range with a mouse click to report one tax year. Enter trades in any order and TAPro will instantly create tax lots (using FIFO) if the opening trades are before the closing trades.
You can use the Groups/Display View = Change Groups to create manual grouping at any time with mouse clicks. Or change Long trades into Short trades to fix data issues from the Transactions/Display View = Positions - Reconciliation using right mouse while focused on the trade.
You can edit a trade with a double click and modify the Cost Basis. TAPro includes a reconciliation wizard and tools for Short Sale, Options (close hundreds at a time), Market to Market, Corporate Actions and more.
You can also export a transactions file, a symbol file or a corporate actions file, edit, then import corrections.
