Recent content by TradeWave

RANGE: It seems the only option that I have to use TradeLog this year, and include a MTM request in my 06' IRS Tax Return.

Surdo: Thanks for the tip. I know that I can't take the MTM filing status for the 2006 tax, and that if I want to have that status for the 2007 tax year I would have to make that request with my 2006 tax return. What I was getting at is this: Is it worth the money to pay for the TradeLog...

If I started day trading right around the 1st of July 2006, which gave me only about six months of trading experience. During that six month time period I made about 400 buys and sells. I ended up with a net loss of about $6,000, in trading about $2.3 million in equities. However, so far in...

Thanks for sharing your experience. I just talked to guys at TradeLog today. They seem to have the best tax software for Day Traders. Do you recommend filing for the MTM status?

This is my first tax year as a day trader, and I was wondering what some of the veteran day traders have found to be the best tax software? More specifically, have you found that products like Turbo Tax and H&R Block cover the unique tax situation that day traders have to deal with, when it...