Question
Doesn't Quicken or MS Money offer this same service?
Answer
No, software such as Quicken and Microsoft Money require substantial effort on the part of the investor to update and synchronize their portfolios. More importantly, they do not automatically update positions for corporate actions; customers still have to know the corporate action details and make the adjustment themselves. These products do not calculate and continue to track realized gains and losses for wash sales or adjust for corporate actions. Only GainsTracker provides a Realized Gain/Loss Report accurate enough to complete your Schedule D. Simply include GainsKeeper's gain/loss report with your favorite tax preparation software product or turn the report over to your accountant for tax filing.