Right-click |Form 8949 Capital Gain & Wash Sales calculator software

Split Trades


You can split your trade as following:

  1. Select the trades you want to split.
  2. Learn more about: How to select trade records.

  3. Right-click the selected record and select the Trade Split in the context menu:
  4. A Trade Split dialog box will pop up:
  5. Function
    Description
    1.Enter Transaction

    Select the transaction type.

    There are the following option from its dropdown list :

    Stock Split/Reverse Split –– A corporate action in which a companys existing shares are divided into multiple shares.

    Stock Spin off–– A spin-off is a new company formed by a split from a larger one. Brokers’methods vary widely on how they report spinoffs in their statements.

    Stock Merge–– The combination of two or more corporations into one.

    2.Transaction Date The actual date you split the security
    3.Account Choose the specific account name from the accounts list. If you choose <All Account> from the dropdown list, event will apply to all accounts.
    4.Old Security Name
    The name of security before the specific event. Enter the old security name manually in the Old Security Name field or Select it from the Symbol dropdown list.
    5.Old Security Quantity
    Number of shares before the specific event.
    6.New Security Name
    The name of the security after the specific event. Enter the new security name manually in the New Security Name field or Select it from the Symbol dropdown list.

    If Stock Split, the New Security Name is the same as the Old Security Name.

    7.New Security Quantity
    Number of shares after the specific event.
    8.New shares Issued
    The split ratio is automatically calculated by New Security Quantity/Old Security Quantity.

    After checking all the information you have entered, click the OK button to continue the process or click the Cancel button to cancel the appending process.

  6. After pressing the button,  the following new record will be displayed:
  7. The

    The row outlined in red displays the New Split trade record.

  8. You can cancel this action with the Undo Button in the trade tab.

My Broker(s)


Context Menu makes our task a breeze in windows and TradeMax makes full use of context menu function under the Account List. Right-click different item, you will get different context menu.

  1. Right click the My Broker or broker folder, you will get the following Menu

  2. Function Basic Function
    Import Trade Import you trade history.
    Add New Account Setup a new account to set you trade data
    Add View Add a view to display some specified trade data under some specified condition. MORE DETAILS.
  3. Right click the account, you will get the following Menu:

  4. Function Basic Function
    Import Trade Import you trade history.
    Add View Add a view to display some specified trade data under some specified condition. MORE DETAILS.
    Edit Account Edit the current account
    Delete Account Delete the current account
  5. Right click view FYxxxx, you will get the following Menu:

  6. Function Basic Function
    Import Trade Import you trade history.
    Add View Add a view to display some specified trade data under some specified condition. MORE DETAILS.
    Edit View Edit the current view
    End Of Tax Year End of current tax year
    TXF Export Export the TXF files to your computer. The TXF files can be imported to popular tax software such as TaxCut and TurboTax.
    Delete View Delete the current view
  7. Right click the view FYxxxx (For example FY2008) and select the Add View show you the following context menu:
    Basic Function
    Stock Contains all Stock transactions
    Option Contains all Option. transactions
    Future Contains all Future transactions
    Currency Contains all Currency transactions
    Stock Option and SSF Contains all Stock Option and SSF transactions
    Baseline Contains the baseline positions of the current tax year
    Finance Data Contains the cash flow data, for example, cash dividends.
    Trade Data Contains the all trade data for the schedule D purpose
    My holdings Contains the holding position of specific date
    Custom Customized view
  8. Right click the view Trade Data and select the Add Report, the following context menu display:
    Function Basic Function
    Short/Long Term Capital G&L Report This is the default report created by TradeMax to file with IRS.
    IRS Schedule D-1 This report is for those users who require a more exact replica of the IRS form.
    Realized Gain/Loss Report This report is for those users who require trade transaction detail. Such as Security, Quantity, open price, Open date, Open Commission, Close price, close commission, sales price, cost basic, Actual gain &lose for each transaction. Moreover, it can be grouped by ID, Symbol or TradeDate.
    Unrealized Gain/Loss Report This report is for those users who  want to get the information of Gain/Loss when the price of the securities decrease or increase after buying, but he or she has yet to sell it.
    Transactioon Detail Report This report lists every trade record as displayed in the grid. Additionally, the profit or loss can be grouped by ID, Symbol or TradeDate.
    Cost Basis Transaction Report This report is for those users who track the cost basis in stocks, bonds and mutual funds to report a cost basis when an investment is sold.
    Summary Report This valuable summary or aggregation of an entire ID or Symbol allows a user to see how one symbol performed versus another.
    Wash Sale Detail Report This report allows you to analyze your disallowed wash sale losses deferred to next year.
    Mark to Market for Form 4797 This report is for traders in stocks, options and single-stock futures who elect mark-to-market accounting to report their trading activity on Form 4797
    Mark to Market Detail Report This report is for those users  want to record the price or value of a security, portfolio on a daily basis to calculate gains and losses or to confirm that margin requirement are met.
    Daily Market Value Report This report is for those users who track the performance and market value of the securities on daily basis in specific finance year. The report will show the portfolio of every transaction on daily basis.

Combine Accounts


TradeMax provides you a powerful way to combine different accounts. For example, it allows you to combine your accounts from different brokers and combine the accounts between you and your relatives only if you setup the accounts in TradeMax.

Let’s take an example to show you how to combine accounts:

You want to combine the account ScoreTrade Jones and SogoTrade Rachel in the Account List.

  1. Right-click the item My Broker(s) in the Account List and select the Add View> Custom

  2. A Dialog box pop-up:

  3. Enter the name Jones & Rachel , use the Arrow button between the All account(s) list and the Select Account(s) list to select the combining accounts ScoreTrade Jones and SogoTrade Rachel into the Select Accounts box.
  4. Click the OK button and you will get the new combined account Jones & Rachel under the Account List like the following:

Edit an Account


TradeMax also allows you to edit an existing account with the following instruction:

  1. Right-click the account you want to edit (for example, ScoreTrade Jones) and select the Edit Account from its context menu:
  2. A pop-up window will appears:
  3. Edit the information. This box is almost the same as the box in the setup a new account, and you can learn more in the setup a new account.

Display Holding Positions


To display your holding positions in a specific date:

  1. Click My Holdings under the Account List
  2. A Position box will pop up

  3. Select your position holding date

    Learn more about: How to select a date

  4. Click OK to display the holding positions



    The positions contains two parts: Open Position and WashSale Defer Position

    Learn more about: Open Long, Open Short

Combine Trades


To avoid the wash sales in one day, TradeMax allows you to combine your trades with same buying slots (TradeDate, Action and Symbol are same).

The following figure provides you with a step-to-step wizard:

  1. Select the trades you want to combine(For example, the two trades occur in May 24, 2007)Learn more about: How to select trade records.
  2. Right-click on the selected section and select the Trade Combine in the context menu.
  3. The two records become one as in the following figure:
    Column Header Value
    Quantity Sum of all combined trades
    Price Weighted average sum of the combined trades
    Commission Sum of all combined trades
    Amount Sum of all combined trades
    Notes Note the action of combining

Edit Symbol


To apply changes to all trade records with the same symbol, TradeMax provides users Edit Symbol function.

With this function, users can edit Symbol Name, Underlying Stock, Type, Rate, Strike Price, Expire Date, Exchange Market, Rates.

Edit Symbol in the Trade Data View

  1. Click the Trade Data view in the Account List to go to the Trade Data View
  2. Click the row header to select the specific trade record
  3. Right-click the record and select the Trade Adjustment>Edit Symbol in the context menu
  4. The following dialog box will pop up:Learn more about: Symbol box parameter
  5. Edit specific parameter in the box and click OK. Pop up the following confirm box:
  6. Click on Yes to apply change to all trades or No to change the selected one only.

Edit Symbol in the Symbols View

  1. Click Symbols view under the Account List to go to the Symbol View
  2. Click the parameter cell to activate it and then edit it with you keyboard and mouse
  3. Pop up the following confirm box
  4. Click Yes to apply change to all trade records with the same symbol or No to change the selected one only.

Delete a View


TradeMax allows you to delete view easily.

Right-click on a specific view (for example, Jones & Rachel) under the broker tree and select Delete View function in the context menu to delete the view

Undo Trades Adjustment


Trade Max allows you to undo the last action and redo the previously undo action.

There are the following ways:

  1. Click the icon in the Quick Access Toolbar -OR-
  2. Click the Undo or Redo icon in the Trade Tab

    -OR-

  3. Right-click the data grid and select the trade undo or redo function from its context menu:

    -OR-

  4. Use the keybord shortcut to complete the job.
    Undo Undo the last action (Keyboard Shortcuts: CTRL +Z/ALT + Backspace)
    Redo Redo the previously undo action (Keyboard Shortcuts: CTRL +Y)

 

 

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