ITTSS
Integrated Trader Tax Support System

licensed exclusively to www.edaytradertax.com

• ITTSS is pattern intensive software, which requires on-going interaction with trader tax specialist to ensure the tax code is adhered to during gain/loss calculations and during wash sale definition / adjustment steps (all this is done based the situation’s on trading pattern). The other consumer-based systems do not give you or your tax specialist ability to change the processing patterns to give you proper results.

• Most consumer-based profit calculators provide only what we can best refer to as an "estimation" of profit/loss not suitable for your tax return. These systems may leave trader with overstated or understated capital gains or losses (resulting in non-compliance) by significant margin (this list also includes leading name brand off-the-shelf tax return consumer software, which can handle limited number of active trader transactions and each package is suited for long term matched investments only). The margin of error depends on the software trader is using to calculate his or her profits. The ITTSS software uses only methods specified by tax code to get the right profit/loss just like IRS would during a potential audit.

• There is no software on the market that handles even a small percentage of wash sale cases or can even identify all wash sales properly, other then ITTSS and only with manual intervention by a trained professional.