TXF Creator attempts to save you time and effort with its smooth ability to convert financial files from online investment sites and third-party financial software into tax-friendly formats. Its incredibly simple operation and fast results make for a sure-fire hit with those who invest a lot and file their own taxes.
The program's interface surely could have been more professional; however, its stark, white-space-heavy design did help us stay focused on the task at hand. We never felt confused or lost, thanks to its simplicity, or distracted, thanks to its dullness. The onscreen instructions break down the entire process into seven steps. We were able to pull our investment files from a variety of online sources like E-Trade and Scottrade. From there we simply clicked a few buttons and TFX Creator converted our file to TXF format. We didn't have the proper tax software (such as TurboTax) to test our TXF file with, but our files effortlessly converted and maintained all the information, thanks to TFX Creator's extensive compatibility. The program also offers a handy feature for tracking your history, which seems useful for those with several different accounts to manage and convert. We were pleased with this program's simplicity, but we'd liked to see a more appealing layout.
TXF Creator has a trial limit of 10 stock trades per TXF file. It comes as a compressed file. While its layout was boring, the overall program was simple, and we recommend it.
Easily converts stock trades from various brokers including TD Ameritrade, EOption, Etrade, Fidelity, Charles Schwab, Interactive Brokers, MB Trading, OptionsXpress, Scottrade, Sharebuilder, ThinkOrSwim, TradeKing, Vanguard and Zecco into the standard TXF format with just a few clicks of the mouse. You can then import your gains and losses into any tax software program that accepts TXF such as TurboTax and TaxCut. Don not spend hours working on calculations for your capital gains tax forms. You can generate a TXF file in less than 30 seconds with our easy-to-use TXF Creator.
What's new in this version:
Version 3.0 updates direct support for all listed brokers.