iScheduleD - Our Wash Sale Schedule D Generator Software

We had a great first year since we released txf creator in 2008. A lot of customers are happy with this simple, fast and most importantly, inexpensive solution. Download.com editors gave us a 4 star rating and recommended our product. Note that download.com is one of the most prestigious and largest internet download directory websites. The editors actually execute the software programs and rate them. The high rating we get from download.com is far different from those awards granted by some software download websites just to get a reciprocal link. Our customers also gave very positive reviews on our products. TXF creator is often in the top 5 tax software downloads on download.com.

At the same times, we got a lot of inquiries from customers about whether we support wash sales in our software. Wash sale calculation turns out to be one of the most intricate issues in tax preparation. If you had patience, you probably could type all the transactions into Turbotax without any help from software. But as long as you have wash sale, it requires far more than patience. How could an active trader ever go though hundreds of the transactions, pair up the wash sales and calculate the capital gains/losses? That is just a mission impossible for human eyes. You certainly need help of software. There are a lot of wash sale calculator in the market. But none of them comes cheap. Most of them are in the $100+ range and require annual subscription fees. So we thought why couldn't we develop a software that does the job but also won't break your bank. And now here it comes, iScheduleD, offered from $14.99!

iScheduleD Portfolio Manager manages stock and option trades from multiple online brokers. This software can calculate wash sales, manage stock splits and reverse splits, generate and print Form 1040 Schedule D reports. You can easily import capital gains and losses into tax software such as TurboTax and TaxCut. Here is a brief look at one of the screenshots.




This screenshot is an example of how you would see the transactions after you import it into iScheduleD. Those highlighted lines show the wash sales detected by iScheduleD. iScheduleD would correctly calculate captain gains and losses. Remember this is just one nice feature of iScheduleD. There are many other neat features for you to explore.

It does not make much sense to annually subscribe a software product you have paid a couple hundred hard-earned dollars. iScheduleD Portfolio Manager does not require annual subscription. You buy the software at an affordable price starting from 14.99. You can keep using it as long as it works for you.

Here is a comparison of the pricing of the wash sale calculators on the market. We admit some of them have advanced features (which an average trader probably would never need). So it is your decision what you need and what you would choose.

Product Name	Price	Annual Subscription
iScheduleD Portfolio Manager Basic	$14.99 for 1000 transactions	No*
iScheduleD Portfolio Manager Standard	$19.99 for 2000 transactions	No*
iScheduleD Portfolio Manager Professional	$24.99 for 5000 transactions	No*
iScheduleD Portfolio Manager Unlimited	$29.99 for unlimited transactions	No*
GainsKeeper Investor150	$69 for 150 transactions	Yes
GainsKeeper Trader1000	$179 for 1000 transactions	Yes
GainsKeeper Trader5000	$499 for 5000 transactions	Yes
GainsKeeper TradeElite	$659 for up to 20,0000 transactions	Yes
Tradelog 200	$69 for 200 transactions	Yes
Tradelog 600	$119 for 600 transactions	Yes
Tradelog 1500	$169 for 1500 transactions	Yes
Tradelog unlimited	$297 for unlimited transaction	Yes
Simplytrack Professional	$49.99	Yes

*: If your brokers change the data format, you might have to purchase a updated version.
**: All the quoted prices were collected from the respective websites on March 7, 2010.