http://www.armencomp.com/trader-taxes.html Active trader accounting and taxes including capital gains, wash sales, schedule d, mark to market accounting, filing your taxes en-us Copyright 1999-2007 info@armencomp.com If you trade options, or stocks and options, on the same underlying stock or security and incur losses, you may have a wash sale problem.. http://www.armencomp.com/blog/washsales-options.html We will concentrate our discussion on the potential tax preparation nightmares that a common option strategy known as selling puts sometimes creates for those who use it. http://www.armencomp.com/blog/selling-puts.html Two major new functions were incorporated into our TradeLog software: An Exercise-Assign function which greatly simplifies the accounting procedures required when exercising options and assigning stock trades, and a new complex grid filter dialog which simplifies finding specific types of trade records. http://www.armencomp.com/blog/exercise-assign.html We are in the process of updating our Tutorial lessons to bring them up-to-date with the current version of our TradeLog software and to bring them inline with our comprehensive new Users Guide. http://www.armencomp.com/blog/tradelog-tutorial.html Armen Computing Ltd. today released a major update of their TradeLog™ trade and tax lot accounting software which fully supports the Microsoft Windows Regional settings for both Windows XP and Vista. http://www.armencomp.com/blog/windows-regional-settings.html Many of our users would like to know more about us, and would appreciate being kept up to date on the many issues facing active traders - especially when it comes to information that could help them come tax time. http://www.armencomp.com/blog The IRS has made it clear that all traders and investors of securities must report the details of their trading capital gains or losses line by line on the IRS schedule d. So if you have more than five trades, then the rest get reported on as many schedule d-1's as necessary. http://www.armencomp.com/blog/schedule-d-tax-problem.html There are many problems faced by active traders in calculating their capital gains and losses from their online broker's trade history. Most brokers do not make it easy for their clients. http://www.armencomp.com/blog/online-broker-history.html It is a fact of life that active traders and investors generate capital gains and losses - lots of them! The very nature of trading calls for buying and selling the same stocks and / or options over and over again. http://www.armencomp.com/capital-gains.html Most wash sales have absolutely no affect on your year end profit or loss! Yet, if left unchecked, the wash sale rule can have disastrous results at year end. http://www.armencomp.com/wash-sale-rule.html As an active trader, you may not be able to avoid each and every wash sale that may come along, due to the fact that you are in and out of trades frequently and some losses are inevitable. Yet you really don't have to worry too much about the net affect of wash sales until year end. http://www.armencomp.com/wash-sales-avoid.html The IRS Schedule D is the 1040 tax form where active traders and investors of stocks, options, and single-stock futures file their capital gains and losses for tax purposes. Schedule D is by far the most complex of all the IRS tax forms! http://www.armencomp.com/irs-schedule-d.html Exactly what is mark to market accounting? http://www.armencomp.com/mark-to-market.html It is a fact of life that active traders and investors generate capital gains and losses - lots of them! The very nature of trading calls for buying and selling the same stocks and / or options over and over again. http://www.armencomp.com/options-capital-gains.html Reporting your capital gains from futures trading is not quite the same as when trading stocks and options. http://www.armencomp.com/futures-trading.html Stock mutual funds are a little more complicated when it comes tax time. http://www.armencomp.com/mutual-funds.html Dividends are defined by the IRS as distributions of money, stock, or other property a corporation pays you because you own stock in that corporation. http://www.armencomp.com/dividends.html Active traders have some unique challenges when it comes to preparing their taxes. Traders and investors have only a few IRS forms to deal with depending upon which instruments they traded. http://www.armencomp.com/trader-tax-forms.html