Handle your wash sales and generator your Schedule D

Stock Splits, dividends, mergers, acquisitions and spinoffs are all examples of corporate actions. For example, a company may decide to split its shares 2:1, leaving shareholders with twice as many shares as they had before. In many cases, a corporate action will result in a new position or a change to the cost basis of the security.

As a result, investors should make necessary cost basis adjustments for each security. With thousands of corporate events that affect a stock’s cost basis, the odds are good that an investor will encounter one sooner or later. some corporate actions are easy to manage, while some need more manual calculations. As every corporate action type has its own rules, the investors must learn if they want to fill their Schedule D forms accurately.

Wash sale activity can further complicate the arduous task of tracking and adjusting for corporate actions. TradeMax’s wash sale algorithms are synchronized with corporate action activity to alleviate this problem.

In order to simplify the process to run reports, TradeMax provides you with Black List to filter some information of various reports. With this feature, you can choose to display the information you want by selecting transaction type or Security Ticker to generate the specific report.

 The following wizard will tell you how to build a Black List.

1. Click main button , and a main menu opens:



 

2. Click Options button, and then select Black List tab,  the following dialog box displays:

Function	Description
1.Black List Tab	After clicking Options button, you should select Black List tab.
2.Filter Field	You can select the report you will run from the dropdown list.
3. Type	Security type. For instance, stocks and mutual funds, options on stocks, Single-Stock-Futures, futures, currencies etc.
4. Ticker	Security Ticker Symbol. You can click Ticker Tab to select the symbol you want to be displayed or disappeared in the generated report.
5.Ticker Tpye List	The ticker types for you to select to display in the reports you want to run . Note : If you click Ticker Tab, the list box is called Ticker List.
6.Black List Filed	Tthe ticker types you want to omit in your report.
7.Condition Filed	Click to move the selected items to Ticker Type List or Black list alternatively. Click to move all items to Ticker Type List or Black List.