Question on Taxes for USA

[mackayjames]

Hi,

I am in the process of learning the NT8 Platform.

When I place trades using my Live account with Continnuum. For year end tax purposes will there be a 1099-B (or similar) form for me to download to show the Profit and Losses for the year to my accountant? Is this accessed through my NinjaTrader.com website through our login account?

Also, do you know if the report will show other fees such as Data Fees on the report?

In addition under the Operations > Database from within NT8 you can Reset the DB for Historical Orders and Historical Executions. Just wanting to verify that resetting the DB will not affect the official year end Tax Statements? How often should one Reset the DB?

Thank you in advance for taking the time to answer.

[NinjaTrader_Angelica]

Hello mackayjames,

Thank you for your post and welcome to NinjaTrader Forums!

For questions related to the brokerage account such as the 1099, please reach out to [email protected] and include a link to this forum post.

As far as your question regarding the database, correct, it will not affect the official year end statement.

We do not have a set time frame of when the DB should be reset. We recommend that you reset your DB when any issue happens in NT. We recommend resetting your db when it is very large. So large it is slowing down your computer.

Let us know if there's any questions.

[mackayjames]

Thank you Angelica for your feedback. Much apprerciated.
I have sent in a email to support.