Handle your wash sales and generator your Schedule D

You can either print the appropriate TradeMax G&L report attaching it to your tax return and file by mail, or you may export your TradeMax gains and losses to popular tax software programs with the TXF Export function.

In this section, we will show you how to print your report and export your TXF files.

• Print and mail your IRS tax formsIn the Description of Property column on your IRS Schedule D (for cash basis accounting), write “See attached report”. Then simply copy the totals from your TradeMax IRS Schedule D-1 report to the appropriate section on the schedule.
• Export your Gains & Losses to popular tax software with TXF Export.TXF File Export is a report type which allows importing your TradeMax gains and losses into popular tax software.

 

 

 

With TradeMax, you may export your gains and losses to popular tax software programs with the TXF Export.

The following will provide you a step to step wizard to show you how to export your TXF file with the TXF Export:

For example, you want to export the FY2008’s G & L Report to TXF file, you can do the following:

1. Right click the folder FY2008 under the Trade Bar and select the TXF Export from its context menu:

   

2. Following dialog box will pop up:
3. Select the path to save your TXF file.
4. Press Save button to finish the process. Now you can find your TXF file in your selected path.