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Software to track stock sales and taxes
Old 08-07-2022, 02:45 AM   #1
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Software to track stock sales and taxes

I am looking for software to track stock sales and taxes as they happen during the year so I am not surprised at the beginning of the year when I do my taxes.


Any idea for software?
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Old 08-07-2022, 05:54 AM   #2
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Seems like something easily handled in excel (or Google docs online spreadsheet)
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Old 08-07-2022, 06:18 AM   #3
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Are you doing just a few sales? ...dozens? ...hundreds? ...more?
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Old 08-07-2022, 07:07 AM   #4
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The budgeting software I've been using for 30 years does it, as do most programs in that category. You might not want to invest the time in getting going on an application like that, though, as it's a lot more than you're looking for.
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Old 08-07-2022, 07:09 AM   #5
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My broker does that.
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Old 08-07-2022, 07:33 AM   #6
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My broker does that.
Mine too; summary table with all the tax info to date -- distributions and sales.
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Old 08-07-2022, 07:48 AM   #7
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Fidelity provides year to date tax info for taxable accounts. I then plug the data into Dinkytown’s 1040 estimator.
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Old 08-07-2022, 08:05 AM   #8
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I log into Schwab and open the Realized Gain/Loss page.
I look at All Brokerage Accounts or a specific one.
I see totals for Long Term Gain/Loss as well as Short Term.
In my income estimate spreadsheet I use .15 or .25 and see what tax I should plan for.
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Old 08-07-2022, 08:18 AM   #9
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Quote:
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My broker does that.
Exactly!
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Old 08-07-2022, 08:26 AM   #10
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Quote:
Originally Posted by Montecfo View Post
My broker does that.
Quote:
Originally Posted by audreyh1 View Post
Exactly!
+2

Fidelity does it well, the data is easy to access, clear and straightforward. Vanguard also does it, but not so easy or straightforward.
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Old 08-07-2022, 09:31 AM   #11
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+2

Fidelity does it well, the data is easy to access, clear and straightforward. Vanguard also does it, but not so easy or straightforward.
Vanguard has a summary table in the tax section but does not list the details, only the next gains/losses. Detail would be nice but not essential for my purposes in mid-year. By December/January the actuals are booked and I have a little time to finalize my Q4 estimated payment, if necessary.
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Old 08-07-2022, 10:47 AM   #12
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For Vanguard, if I select Cost Basis for my brokerage account holdings, I can select the Realized Capital Gains tab and see all of the details on this year's sales.
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Old 08-07-2022, 05:45 PM   #13
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As others have already mentioned, your broker should make that available to you. I'm guessing Fidelity is like most others. Just click on tax info YTD.
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Old 08-07-2022, 07:25 PM   #14
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i use Quicken to track our portfolio (bonds, ETFs and mutual funds).
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