Tax Management Tools and Reporting
TAX INFORMATION AND REPORTING
Management Tools & Reporting
The IBKR Advantage
- Use Tax Optimizer to manage your stock, option, bond and warrant gains and losses for tax purposes.
- Our Forex Income Worksheet lets you view income and loss from your completed currency transactions.
- Easy access to tax forms
- Important Tax Reporting Information
Tax Optimizer
Manage your stock, option, bond and warrant gains and losses for tax purposes with Tax Optimizer:
- Select one of several tax lot-matching methods to change the default tax lot-matching method for your account, for the current day or for a specific symbol.
- Change the lot-matching method on the fly to immediately see the effect on your gains and losses.
- Manually match specific sales to open tax lots.
- Access Tax Optimizer from Trader Workstation (TWS), IBKR Mobile and Client Portal.
Learn More About the Tax Optimizer
Tax Loss Harvesting
The IBKR Tax Loss Harvest tool helps investors manage their tax liability by identifying opportunities to offset capital gains with losses. It works at the lot level, applies wash-sale rules, and even suggests replacement securities, giving clients more control and flexibility in managing portfolios.
Learn About Tax Loss Harvesting
Optimize Every Exit
The Close Specific Lots tool makes it easy to select exactly which shares to sell from your long- and short-term holdings. With just a few clicks, you can manage tax outcomes, follow your strategy, and stay in control of every trade.
Access to Important Tax Information and Reporting
Our Tax Reporting web pages include a wealth of important tax-related information, including:
- A list of all tax forms and reports for the current tax year, with links to the actual PDF forms.
- Tax reporting for wash sales
- Frequently Asked Questions
Learn More About Tax Info and Reporting
Foreign Exchange Income Worksheet
Review your foreign exchange income and loss on our Forex Income Worksheet:
- View income and loss information from your completed currency transactions for the year
- Includes foreign exchange spot trades in securities denominated in a nonfunctional currency
- Includes detailed info about the acquisition and disposition of each nonfunctional currency transaction closed in the preceding year
Learn More About the Forex Income Worksheet
USER GUIDES
Easy access to Tax Forms
Log in to Portal to access important annual tax forms:
- PDF, HTML and MS Excel formats available
- View and download tax forms, including Form 1099, Gain/Loss for 1256 contracts and more from a reporting dashboard
- Current year and five previous years of info available
- Clients with multiple account structures can access tax forms for closed accounts