Schedule D Tax Tool is stand-alone desktop software that can dramatically reduce the effort required to complete the Schedule D federal income tax form, which is used for reporting capital gains. Schedule D Tax Tool makes it easy to get stock and options trade data into tax preparation software.
The Schedule D Wizard guides the user step by step through the process of generating a TXF file. The TXF file imports directly into tax preparation software, and the data automatically goes to Schedule D and the related Form 8949. Schedule D Tax Tool also generates an Excel file for record keeping.
You can process an Excel file of matched transactions, or let Schedule D Tax Tool match up your individual transactions for you. Schedule D Tax Tool can even determine standard wash sales.
Active traders know all too well that preparation of Schedule D can be a tedious and lengthy process. Schedule D Tax Tool allows the taxpayer to shift focus to verification of data instead of manual entry. Schedule D Tax Tool makes the federal capital gains tax preparation process more efficient, more accurate, and more secure.
What's new in this version:
Includes enhancements, fixes, cosmetic and user interface changes, system improvements.