Handle your wash sales and generator your Schedule D

To download data from Interactive Brokers:

1. Run TradeMax and setup an IB account
   
2. Log into your Interactive Brokers account.
3. Click the plus sign in front of Activity Statements -> Activity Downloads:
4. Select the appropriate Daily or Monthly Statement, In “Format” choose “TradeLog(*.tlf), Quicken(*.qfx) or MS Money(*.ofx)” then click the Download button.
   • If you download TradeLog format(*.tlf), select and copy entire report to Text Document then save it as TXT file or use orignal TLF format.Your downloaded tlf or txt file must be in this format as shown below:
   • If you download Quicken(*.qfx), you should select Profile Name / Open Financial Exchange.Note: Currently only the US version of Quicken is supported for IB. The US version of Quicken requires all values to be in USD. Regardless of the base currency in which you trade, you must ensure that your base currency for reporting needs is set to USD. To set or change your base currency for reporting, log into Account Management. From the Account Administration section select Base Currency.
   • If you download MS Money(*.ofx), you should select Profile Name / Open Financial Exchange.
5. If you find the your downloaded file format is different from the above formats, you should set your profile in Profile Wizard. 
6. Run TradeMax and setup an IB account to import trade activity data from local file.

Most of the new features in version 2 relate to expanded Reporting capability, especially when it comes to tax reporting.  There currently is no other trader tax software that comes even close.

Feature:	Benefit:
Combine function	New in ver 2.2009.02.08 is an combine stock function that allows you to combine stock which buy in same slot.But your broker split it to muti Transaction.This function can avoid wash sales rule deffer to same trade slot.
Custome Filter dialog	Add a new filter  which allows you to combine many different account to one view or customize your data with any condition
Support for Quicken *.QIF format	Users can import qif format.
Add “Import Wizard Mode” for beginners	A step by step mode for beginner to import data from their broker