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
| Basic Function | |
| 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.
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| 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 |
Note: With using the Rounding method, the error could be limited within 0.01.
