Wheel Strategy Income Suite
A comprehensive dividend + options income tracker with tax calculator built for wheel strategy income investors. Track every dollar of premium and dividend income, estimate what you owe each quarter, and project your full-year income from year-to-date performance.
What's inside
- Holdings tracker — portfolio positions with cost basis & total return
- Dividend income tracker with per-ticker history log
- Options premiums tracker — CSPs & covered calls with Net P&L
- Tax calculator — dividends, premiums, Roth conversions & business income
- Return of Capital (ROC) support — reduces taxable dividend income
- Quarterly estimated tax payment schedule with due dates
- Annualized income projection based on YTD performance
- Dark-themed dashboard with income KPI summary cards
- Works entirely in Google Sheets — no login required
Questions
Does it handle assigned shares?
Yes. The holdings tab tracks cost basis per position, and the premiums tab lets you log the cash-secured put that led to assignment alongside the covered calls you write against those shares, so the net P&L reflects the whole cycle rather than one leg.
Is the tax calculator a substitute for an accountant?
No. It estimates federal tax on dividend income, options premiums, Roth conversions and business income so you can size quarterly payments and avoid surprises. It's a planning tool, not tax advice — check the numbers with your own tax professional before filing.
Do I need a WheelLogic account?
No. The spreadsheets are standalone Google Sheets — no login, no API key, no connection to the WheelLogic dashboard required. They're a one-time purchase you keep and can customize however you like.
How is it delivered?
Immediately after checkout you'll get an email from noreply@optionwheellogic.com with a Google Drive link. Open it, choose File → Make a copy, and you have your own editable version. Nothing expires and there's no subscription.
Also in the store
Purchases are processed securely by Stripe. You'll receive an email with your Google Drive link immediately after checkout.
Questions? Contact us