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Author: chris319 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121333  
Subject: Wash Sale Software Date: 2/12/2008 3:19 AM
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Any recommendations for software which calculates wash sales?

There is Gainskeeper but I don't like their pricing. When you purchase "trades" it is theoretically for one year; any unused trades expire after one year. The problem is, when you renew, the renewal term commences on the date you renew, not one year after your original purchase. For example, if you first purchase "trades" on March 1, 2007 and renew on February 1, 2008, the renewal will expire on February 1, 2009 instead of March 1, 2009. You thus lose one month. If you wait until February 15, 2009 to renew, you will lose any unused trades, thus there is a penalty for renewing ahead of expiration. Rip off.

There is Edcosoft's D-1 but it requires you to manually copy and paste shares for each security to calculate wash sales. This is not practical for active traders.

Thanks.
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