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Tax Optimizer

Proactively Manage
Gains and Losses with
Tax Optimizer

Take control of your taxes by changing tax lot-matching methods on the fly to optimize your capital gains and losses.

  • Change the default matching method for your account, the current trading day or the prior trading day.
  • Run real-time "what-if" scenarios to see how different lot-matching methods affect your gains and losses.
  • Choose from among several tax lot-matching methods, including LIFO, FIFO, Maximize Long-Term Gain, Maximize Long-Term Loss, Maximize Short-Term Gain, Maximize Short-Term Loss and Highest Cost.
  • Manually match specific lots to trades using the Specific Lot matching method.
  • Make changes and save them until 8:30 PM ET on any given trading day.
  • View year-to-date profit and loss data by symbol.

Tax Optimizer is integrated with your trading app:

  • In Trader Workstation (TWS), use the right-click menu from a position and select Change Tax Lots.
  • In IBKR Mobile, navigate to the Trades tab of the Orders & Trades screen, tap a trade to access Trade Details, and then tap Change Tax Lots.
  • From Portal, click Performance & Reports > Tax Documents > Tax Optimizer – Launch Tax Optimizer

This tool is available for stock, option, bond, warrant and single-stock future trades.

Using IBKR’s Tax Optimizer

Watch Video
Disclosures

The projections or other information generated by Tax Optimizer regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Please note that results may vary with use of the tool over time.

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy click here.

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, click here.