Track Your Trades

Track Your Trades (TYT) is a fantastic software that simplifies the tedious task of completing the federal Schedule D (Capital Gains and Losses) tax form. TYT has been designed to cater to a diverse group of users, including investors, traders, and tax professionals. With an intuitive user interface, TYT supports an extensive range of features, such as stocks, options, mutual funds, short sales, wash sales, FIFO cost basis, LIFO cost basis, Specific Shares cost basis, equity type filtering, and password protection.

The software's extensive range of functionalities makes it easier for users to create Schedule D reports. Users can either print the Schedule D report for mailing or export it to TurboTax, H&R Block Tax Software, TaxAct, or Excel for e-filing. Manually entering trades is also an option with TYT. Alternatively, users can import trades via a CSV file downloaded from TD Ameritrade, E*Trade, Fidelity, Schwab, or any other similar online brokerage.

TYT is equipped to store trades from one or more brokerage accounts in a single consolidated file, making tax reporting from your PC or laptop more accessible. The software also contains tax planning tools that include a What-If Wizard that enables users to find opportunities for strategic tax-loss selling.

What's more, TYT now comes with Internet features, transaction detail reporting, enhanced import capability and Form 4797 for Mark-to Market traders. These features add to the existing set of functionalities that make tracking trades effortless.

In conclusion, TYT is an all-in-one software that allows investors, traders, and tax professionals to track their trades with ease. Its user-friendly interface and extensive range of features make it a go-to software for anyone who wants to simplify their tax report filing process.