tradelog.com

What It Is

TradeLog is trade tax accounting software for U.S. traders and active investors. Its core purpose is not general bookkeeping, but generating IRS-ready reports from real trading history—especially for issues that a broker’s 1099-B may not fully cover, such as wash sales, cross-account adjustments, and Sec. 475(f) Mark-to-Market. It offers two paths: use the software yourself, or hand the work over to its service team.

Core Features and Integrations

TradeLog can consolidate multiple brokerage accounts and IRAs into a single tax-year file, covering stocks, options, ETFs, mutual funds, bonds, futures, forex, and more. It can import data from roughly 30 to 40+ brokers, either through BrokerConnect API or by uploading broker files. It also supports year-end holdings verification, reconciliation against 1099-B gross proceeds, and report output for Form 8949, Form 4797, Form 6781, and more. Advanced adjustments include corporate actions, option exercise/expiration, cost-basis adjustments, specific-lot matching, and deferred wash sale tracking. Reports can also be used with TurboTax, TaxACT, H&R Block, or by a CPA.

Pricing and Services

The product uses an annual subscription model: INVESTOR is $219/year for up to 1,500 trade records; TRADER is $359/year for up to 5,000 records and includes Sec. 475 MTM; ELITE is $459/year for high-volume active users with more than 5,000 records. Renewals receive an approximately 20% discount. Each annual subscription includes 1 File Key, and additional File Keys cost $79. A 30-day free trial is available; it lets users import data and preview reports, but not export, save, print, or generate final year-end reports. Service pricing includes Form 8949 preparation from $379, file review starting at $200, and personal support at $75 per 30 minutes.

Pros and Cons

Its main strength is its highly specialized positioning. TradeLog covers areas where general tax software is often weak in U.S. trading taxation, including wash sales, cross-brokerage accounts, and MTM scenarios. Running locally on Windows also gives users control over where their data files are stored. Support resources are fairly complete, including tutorials, a support center, in-app help, and paid one-on-one services. Limitations include the need to establish accurate opening positions in the first year, which may require manual data entry. It is not a pure cloud SaaS product, the Mac experience is not described in detail in the text, and the product is strongly tied to U.S. IRS rules, making it of limited value for non-U.S. tax filing.

Who It’s For and Access from China

TradeLog is best suited to individual traders who file U.S. taxes, trade frequently, use multiple brokerage accounts, worry that their 1099-B may be inaccurate, or need Sec. 475 reporting. It is also suitable for tax professionals serving trading clients. For Chinese users filing only domestic tax returns, the fit is limited; for those trading U.S. stocks and needing U.S. tax documents, it may be worth evaluating as a professional tool. The text does not disclose access conditions from mainland China or supported payment methods, so its availability from China is unknown.