Understanding Capital Gains Calculations for the
Aggressive Investor and Trader
The typical agressive investor and trader in the
public securities arena will have numerous transactions
during the course of a year. The number of these
transactions can easily number into the hundreds and even
the thousands in any given year. With the explosion in
self-controlled investing now due to Internet processes,
this situation will become more of a problem for the
aggressive investor. Calculating the capital gains and
losses, and wash sales etc., is a nightmare without the
proper software. Keeping a running tally of these gains and
losses throughout the year is even more difficult. Typically
transactions in stocks for the aggresive investor and trader
is not a one time purchase with the sale of the full lot of
shares long term, but multiple purchases of the same stock
at different prices, with partial and combined sales of
various lots of shares bought at different times. The
following excerpt from one software provider of a solution
to this problem gives some details as to why it is such an
important matter for the modern investor.
Wash Sale Schedule D
Generator
The current version handles Securities and Mutual Funds
trading, Short Sell, Stock Splits, Dividend Reinvestment,
Return of Capital, Capital Gains Distribution, Reinvestment
of Capital Gains Distribution, Exempt Interest Dividend, and
automatic WASH SALE adjustments in which you will not find
in any other software of this kind.
Our review of this program finds that it is easiest
and most cost effective solution to the problem, and so we
have picked it as the reccomended solution for affiliates of
the Hannaian Investment & Publishing Group (HIPG). As a
membership benefit HIPG members can obtain special pricing
for this product by following the instructions at the end of
the Training Guide
"Computing Taxable Capital
Gains & The Schedule D Tax Form"
located in the Training Guide Section of the Members Only
Section of the WebSite.
Non HIPG members may visit http://www.washsales.com
to find more information and to purchase the program. There
is a 15 day demo to facilitate your evaluation of the
program.
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