You can not only print the appropriate TradeMax G&L report and mai it as a attachment, but you can also 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.
In the Description of Property column on your IRS Form 8949 (for cash basis accounting), write “See attached report”. Then simply copy the totals from your TradeMax IRS Form 8949 report to the appropriate section on the schedule.
TXF File Export is a report type which allows importing your TradeMax gains and losses into popular tax software.
Export trade data to TaxAct guide will show you how to export trade data from TradeMax and import your TradeMax generated CSV file into TaxACT® Online version.