Navigating Form 8949: A Comprehensive Guide for Tax Professionals Every tax season brings with it a unique set of challenges for tax …
Pioneering Excellence in Trader Tax Reporting and Capital Gains Automation
Empowering Traders and Tax Professionals Globally
Pioneering Excellence in Trader Tax Reporting and Capital Gains Automation
Empowering Traders and Tax Professionals Globally
For Traders
Easily manage your wash sales, capital gains, and streamline your tax filing.
Tax Reporting Tools for Precision, Accuracy, and Efficiency
Unveiling 1099-B Match & Audit My Broker for Unmatched Tax Reporting
1099-B Match™
Effortlessly automate your Schedule D/Form 8949 Reporting. Simply drag and drop as many 1099-B PDF files as you have from any brokerage, generate the report, and if it’s all good, click on ‘New Tax Form’.
Need adjustments? Our Error Reconciliation lets you add any missing transactions, ensuring accuracy.
Audit My Broker™
Our powerhouse feature for those discrepancies that just don’t add up. Be it for tax professionals or traders, this tool performs an accurate independent verification of your gains/losses. Whether you’re cash or mark-to-market, TraderFyles can do it. From flagging wash sales to accurate reporting based on those sales, get the confidence in your calculated gains/losses reporting that you deserve.
Plus, Plenty of Reporting Capabilities
- Permanent Disallowed Wash Sale Reporting
- Wash Sale Deferral Reporting
- Consolidated Trade Reporting
…and more
Why Traders Choose TraderFyles
Traders and tax professionals use our cloud-based app to automate capital gains reporting, manage wash sale effects, and streamline their tax filing. You should too.
Wash Sale Reporting
Track, flag, and report wash sales effectively and avoid unnecessary tax
Automated Schedule D/Form 8949 & Form 4797 Reporting
Say goodbye to manual calculations.
Crypto Support
Easily incorporate cryptocurrency trading.
Error Checks
Track, flag, and report wash sales effectively and avoid unnecessary tax
Time-saving Automation
Say goodbye to manual calculations.
Bulk Import
Easily incorporate cryptocurrency trading.
For Tax Professionals
Everything for traders, plus…
Client Management Dashboard
Manage all of your clients tax reporting in one place, forever.
Tax Software Integration
TraderFyles integrates with Drake, ATX, CCH – Prosystem FX, and more
Increased Profit Margin
Time is money. Spend less time with manual input and enjoy automation!
Import from any broker
Yeah, we mean it. Any broker. Don't see yours listed? Don't worry. We can handle it.
TraderFyles Pricing
Whether you’re a trader or a tax professional, you pay-as-you-go.
For Traders
Pay-As-You-Go with Credits
$0
Free to access
- 1099-B Match™: Generate reports with ease; 500 Credits ($50).
- Audit My Broker™: Transparent pricing; pay 1 credit per transaction.
- Flexible Credits System: Buy in 100 credit lots for $10 each. Only pay for what you need!
- Risk-Free: Create an account, upload files, and see total costs before committing to credit purchase.
Available Cost-Basis Methods
- Cash
- Sec. 475 Marked-to-Market trader
For Tax Professional
Pay-As-You-Go with Credits & Enhanced Features
$500/yr
Tax Pro access includes:
Everything for traders, plus
- Client Management Dashboard: Gain exclusive access to manage clients tax reports and forms.
- Tax Software Integration: Seamless connectivity with Drake, ATX, CCH - Prosystem FX, and more.
- Unlimited, Secure Client Data Storage: Store all your client tax reports and tax forms, forever! No worries.
Frequently Asked Questions
Don’t see your question? Check out our Help Center or ask us a question via email
How does the free plan work?
You get 25 credits for free when you create an account to use to generate as many tax forms as you want using our Audit My Broker™ feature. Audit My Broker™ will use 1 credit per transaction. If you have more than 25 transactions, you will need to purchase additional credits.
How much does it cost?
1099-B Match™ costs 500 credits per report, or $50. You can generate as many tax forms as you want from that report. Audit My Broker™ costs 1 credit per transaction on your CSV. If you don’t know how many transactions you have, upload your files and we will calculate it for you and tell you how many credits you need to purchase.
How many files can I upload per report?
You can upload as many files as you need from an unlimited number of brokers.
Which plan is best for me?
We recommend everyone starts with 1099-B Match™ which costs 500 credits or $50. It is the fastest way to get the tax forms you need. If you feel your broker reported your gains/losses incorrectly (this happens more often than you think) or simply just want to check them, you will want to use our Audit My Broker™ feature. If you are still unsure, please contact sales and we will help you determine which plan is best for you.
How can TraderFyles help?
Traderfyles imports your transactions reading CSV data you provide, and independently calculates your gain and loss using our algorithm. From there you can generate your tax reports.
I lost money this year. Do I still have to file taxes?
Yes. You are required to report all trading activity on your taxes. It doesn’t matter if you only made losses. In fact, it is in your best interests to report your losses as this is one of the best ways to reduce your crypto taxes in the future.
How many trading accounts can I link?
Currently we support unlimited accounting linking. When you begin creating your report summary, click the button “Add CSV” and name your brokerage account.
What happens if I trade cryptocurrency and stocks?
Traderfyles can generate your reports regardless if you trade cryptocurrency or stocks. When creating a report make sure you only include one asset class (stocks or cryptocurrency). Once complete you begin generating the report for the second asset class.
Tax easier, tax smarter. Start now!
- Pay-as-you-go pricing model, you only pay for what you need.
- Secure Data Storage ensures your sensitive information remains protected while you focus on what you do best, trading.
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