Seeing a big gain in your brokerage account feels great, but don't forget about taxes! Our template helps you isolate individual trades and deduct taxes so you know your true net profit.
📱 Open Full Template in App* A free account is only required if you want to save your sheets.
Enter your gross profit and expected tax rate to see what you actually keep.
Many trading platforms display your "Gross Profit"—the raw money you made before taxes and fees. When I first started trading, I felt successful seeing large green numbers, but I often spent that money thinking it was all "take-home" gain. Come tax season, I realized I hadn't set aside nearly enough to cover the capital gains.
Tracking your Net Profit is the golden rule of responsible trading. This template is designed to force that discipline by making you subtract your estimated tax liability the moment you record a trade.
Experienced traders immediately move their estimated tax liability into a separate savings account the moment they close a profitable trade. By using our template, you know exactly how much to transfer to your tax fund, leaving you with the true amount you can safely reinvest or spend.
Traditional spreadsheets are powerful, but they often hide formulas in cells you can't easily see on a mobile screen. Simple Sheet keeps every calculation step visible. If you are ever unsure why a net profit figure looks the way it does, you can instantly trace back the tax deduction row to see the exact percentage applied.
For complex portfolio tracking, a simple app screen might not be enough. That is why I specifically designed the "All Copy" feature. It allows you to format your trades into a clean table and paste them directly into Excel or Google Sheets for historical analysis.