Funded trader tax records, without the February spreadsheet rebuild.
FundedTax imports your payouts from Apex, TopStep, FTMO, Tradeify, and MyFundedFutures, compares them to the 1099-NEC each firm reports to you, and exports a draft Schedule C summary worksheet your CPA or TurboTax can use. FundedTax does not access IRS records. You review and file — we organize.
No credit card required. Sample data on day one so you can see Schedule C before connecting anything real.
fundedtax.com / dashboard / reconcile / 2026
Tax year 2026
1099-NEC reconciliation · 5 firms
Records total
$53,700.00
Apex Trader Funding
$24,200.00$24,200.00MatchedTopStep
$8,400.00$8,400.00MatchedFTMO
foreign firm
$12,800.00—ReviewTradeify
pending
$3,100.00—ReviewMyFundedFutures
+$2,300
$5,200.00$7,500.00Mismatch
Next step Review 1 mismatch · 2 pending 1099s
Export Schedule C →
Parsers built for
- Apex Trader Funding
- TopStep
- FTMO
- Tradeify
- MyFundedFutures
FundedTax is not affiliated with, endorsed by, or sponsored by any prop firm. Firm names are used solely to describe which payout-statement CSV formats FundedTax can parse. All trademarks belong to their respective owners.
The schema gap
Funded prop trader tax is its own schema. Generic tools miss it.
Many funded prop traders report funded-payout activity as 1099-NEC self-employment income on a Schedule C rather than as capital gains on Schedule D — though your facts and your tax professional determine the right treatment. The prop-firm-specific expenses traders track are evaluation fees, reset fees, VPS, market-data feeds, and coaching, and many owe quarterly self-employment tax that first-year funded traders often only learn about in April. FundedTax is a planning aid, not a determination of your tax treatment.
TurboTax accepts an import but models the wrong schema. Schedule D capital-gains tools like TradeLog and TraderSyncserve retail day traders — they were built before funded prop firms scaled to today's volume. The 1099-NEC self-employment case sits in nobody else's product.
Multi-firm traders feel it the hardest. Three statements, three (or two, or zero) 1099-NECs, off-by-period reconciliation between payout dates and form issue dates, foreign firms that may send no 1099 at all. FundedTax compares your payout statements against the 1099-NEC figures you hold from each firm and organizes the difference onto suggested Schedule C lines for your review. FundedTax does not access IRS records.
Same trader, different schema
Retail day trading versus funded prop trading.
One trader can do both. The tax treatment is not the same.
Retail day trading
TurboTax + TradeLog territory
What every consumer tax tool was built for: broker 1099-B, Schedule D, capital gains.
- Income form
- 1099-B (broker capital gains)
- Tax form
- Schedule D
- Income type
- Short-term + long-term capital gains
- Self-employment tax
- No
- Deductible expenses
- Limited (475(f) election special)
- TurboTax fits
- Yes — with the import wizard
Funded prop trading
FundedTax territory
How many funded traders report payouts: 1099-NEC, Schedule C, self-employment tax. Your facts and tax professional determine your treatment.
- Income form
- 1099-NEC (non-employee comp)
- Tax form
- Schedule C + Schedule SE
- Income type
- Self-employment / profit-split
- Self-employment tax
- Yes — 15.3% on net earnings
- Deductible expenses
- Yes — eval fees, VPS, data, coaching
- TurboTax fits
- Only with manual restructuring
How it works
Three steps from payout statement to Schedule C.
- Step 1
Import payouts
Drag and drop the CSV exports from Apex, TopStep, FTMO, Tradeify, and MyFundedFutures. We parse firm-specific formats — profit splits, evaluation fees, reset fees — without re-typing. Already-imported rows are deduped by source-row-id so re-uploads are safe.
- Step 2
Reconcile + categorize
Records cross-check against the 1099-NECs each firm files with the IRS. Matched / Review / Mismatch surfaced per firm. Evaluation fees for funded accounts land as Schedule C expenses. VPS, data, coaching, software categorize with one click into the IRS expense lines your CPA expects.
- Step 3
Export Schedule C
Year-end Schedule C as PDF for your CPA + a CSV mapped to the TurboTax / H&R Block import format. Quarterly SE-tax + federal-estimated payments computed alongside with safe-harbor logic so you don't underpay. You file — FundedTax never prepares or transmits a return on your behalf.
Product
Built around the four numbers that matter on Schedule C.
Reconciliation
1099-NEC reconciliation, per firm
Each prop firm gets a card: your imported payout total vs the 1099-NEC figure you hold from that firm, with a Matched / Review / Mismatch pill. Foreign or non-US firms may not issue a 1099 at all; those stay surfaced as Review so you can flag the missing amount for your own follow-up. The comparison helps you see where your records and the 1099 you hold differ — FundedTax does not access IRS records.
Reconciliation · tax year 2026
- Apex Trader Funding$24,200/$24,200
- TopStep$8,400/$8,400
- FTMO$12,800/$—
- MyFundedFutures$5,200/$7,500
Categorization
Prop-trader-specific expense lines
Evaluation fees, reset fees, scaling-up fees, market-data subscriptions, VPS, charting platforms, coaching — one-click draft categories suggested as common Schedule C expense lines. You confirm or change each one; you and your tax professional determine the correct treatment for your situation.
Schedule C expenses · YTD
- L17 · Legal/professional$240.00
- L22 · Supplies (eval fees, resets)$1,840.00
- L25 · Utilities (VPS, data feeds)$1,180.00
- L27a · Other (coaching, software)$2,560.00
Quarterly SE tax
Safe-harbor estimates to help you plan
Self-employment tax (Schedule SE) + a federal estimated-payment worksheet computed from values you enter, with safe-harbor logic: 100% of prior-year tax or 110% if AGI is over $150K. These are estimates to help you plan your quarterly payments, not a guarantee against underpayment or penalties. Confirm amounts with IRS.gov, TurboTax, or a licensed tax professional.
2026 quarterly estimates
- Q1 · Apr 15$2,750Paid
- Q2 · Jun 15$2,750Paid
- Q3 · Sep 15$3,200Planned
- Q4 · Jan 15$3,200Planned
Schedule C summary worksheet
PDF for your CPA. CSV for TurboTax.
Year-end Schedule C summary worksheet as a clean PDF (sized for a CPA review packet) plus a CSV mapped to the TurboTax / H&R Block import format. It is a worksheet, not the official IRS Schedule C, and has no SSN/EIN field. The same numbers your dashboard surfaces, organized by Schedule C line for your review. FundedTax never prepares or files a return on your behalf — you verify the draft, and the export is your file.
FundedTax
TY 2026
Schedule C Summary Worksheet
Draft for your review — not the official IRS form
Your CPA reads PDF. TurboTax reads CSV.
Security
We don't want your SSN. Don't enter it into this software.
FundedTax stores: email, prefs, transactions, expenses, 1099 amounts. FundedTax is designed not to ask for, and does not intentionally collect, your Social Security number, bank account, routing number, credit card details, or taxpayer identification numbers — no field requests them, and inadvertently submitted patterns are redacted before storage. CSVs are parsed in memory and, by design, the raw upload is not written to the database — only the structured rows your dashboard reads from.
Hosting on Vercel + Neon (live primary database). Sentry for error tracking with PII transmission disabled. The canonical sub-processor list, vulnerability disclosure, and incident-response approach are on the security page.
Pricing at launch
One trader, all your prop firms. Flat pricing.
$49 a month or $499 a year — save ~$89 on annual. 14-day trial, no credit card required.
Monthly
Annual
save ~$89
- All 5 prop-firm CSV importers (Apex / TopStep / FTMO / Tradeify / MyFundedFutures)
- 1099-NEC reconciliation per firm with Matched / Review / Mismatch surface
- Quarterly SE-tax + federal-estimated calculations with safe-harbor logic
- Year-end Schedule C PDF + TurboTax-import CSV
- Monthly Schedule C trend chart + YTD category breakdown
- Q1 2027 early-access cohort: renewal pricing locked
No credit card required. Cancel anytime.
FAQ
Honest answers about scope.
Is FundedTax tax advice?
Why not just use TurboTax?
Why not TradeLog or TraderSync?
Which prop firms are supported at launch?
Does FundedTax handle Schedule D capital gains, state tax, or crypto?
What does it cost?
Community
Built with the funded prop trader community, in the open.
CSV parser issues, prop-firm parser requests, and tax-rule edge cases get tracked publicly. If FundedTax misses your prop firm, send a sanitized sample CSV and we'll prioritize it.
First tax season as a funded trader? Don't do it twice.
Start the trial with sample data and see your Schedule C before connecting anything real. No credit card. Cancel anytime.