Simplified Tax Reporting
With Simply Track, you can effortlessly import all your trades from various brokerage accounts and generate your Schedule D with just one click. Say goodbye to spending endless hours calculating wash sales and preparing capital gains tax forms. Simply Track does the heavy lifting for you, automatically calculating and reporting everything needed for your IRS filing. You can also export your Schedule D in .TXF format, which is compatible with popular tax software like TurboTax® and TaxCut®.
Comprehensive Portfolio Management
Simply Track allows you to monitor your stock or mutual fund positions across multiple portfolios, even from various online brokers. By consolidating all your account data, you can seamlessly track multiple portfolios and watch lists. With support for up to 30 different parameters—including buy/sell transactions, gains and losses, net gain, wash sales, and total portfolio values—Simply Track ensures you have a complete overview of your long and short positions. It even tracks wash sales across portfolios, which is a critical requirement by the IRS, and provides detailed reports such as Stock Gain/Loss, Asset Allocation, and Sector Allocation.
Automatically computes wash sales, including those across portfolios.
Unlike other stock tracking programs, Simply Track can handle an unlimited number of trades.
No need for manual stock split calculations—Simply Track takes care of it.
Automatically complies with IRS rules for First-In-First-Out (FIFO) trade matching to account for wash sales.
Effortlessly creates Schedule D-1 attachments and prints IRS forms for submission alongside your Federal tax filings.
Export your Schedule D Gains & Losses report in .TXF format, compatible with TurboTax®, TaxCut®, and other tax software.
Import trades from a variety of formats, including delimited text, Excel®, Money®, and Quicken®. Alternatively, you can cut and paste your trade history directly from online accounts.
Simply Track can generate wash sale reports even using data from previous and future tax years, ensuring accurate wash sale adjustments moving forward.
The software handles wash sales for overlapping long-term and short-term trades and adjusts for unequal share quantities during buys and sells.
Automatically matches short sales based on the trade date, ensuring seamless management of short positions.
Choosing Adalitek Group means partnering with a leader in IT solutions dedicated to delivering exceptional value and results. Our team brings a wealth of expertise and a commitment to innovation, ensuring that your IT infrastructure is optimized for success. We tailor our services to meet your specific needs, leveraging the latest technologies and best practices to drive your business forward.
We provide IT solutions across various industries including finance, healthcare, manufacturing, and technology. Our versatile expertise allows us to address the unique challenges and requirements of different sectors effectively.
We start by conducting a thorough assessment of your business needs and goals. Based on this evaluation, we design and implement tailored IT strategies and solutions that align with your specific objectives and industry standards.
Adalitek Group offers comprehensive support and maintenance services, including 24/7 technical support, regular system updates, and proactive monitoring to ensure optimal performance and quick resolution of any issues.
Getting started is simple. You can reach out to us via our contact page to schedule a free consultation. Our team will discuss your needs, provide insights, and outline the steps to begin our partnership.
