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Accounting vs Tax softwares for Traders?
How many trades turbotax now can handle? I thought in prior year limit was 2000 trades and for this year I am seeing they list as 10000 trades. Is this change? or does accuracy goes down after certain number of trades?
Turbotax is Tax software, and many accountant suggest for traders they use accounting software like Tradelog or gainskeeper to generate 8949 rather than relying on your broker issued 1099 which is used by Trubotax. One of the reason they mention is wash sale accounting esp. trader is trading Options which are very different rules.
‎February 7, 2026
7:54 PM