G& L Report – This is the default report created by TradeMax for filing with Taxes.
Now, we will show you how to run a G&L Report:
- Click the item G&L Report in the Account List, you will get the following report preview
|Short /Long Term Capital Gain /Loss Subtotal||The actual Capital Gain amount in the current account. It contains the Short Term Capital Gain Total and Long Term Capital Gain Total.
Note: With using the Rounding method, the error could be limited within 0.01.
|Total Wash Sales Defer to Next Year||
Display the amount of wash sales deferred to next year
|Realized Gain Total Amount||Display realized gain total amount|