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 Tax Information and Reporting ~ Trading Tools  – Tax Optimizer


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Tax Optimizer

Frustrated with Tax Reporting Headaches?

Recent changes in IRS tax reporting rules have made managing your gains and losses for tax purposes more important than ever!

Place Trade's Tax Optimizer lets you take control of your taxes! Change tax lot-matching methods on the fly so that you can optimize your capital gains and losses!




How to make tax reporting easier:

Take Control of your Tax Reporting with Tax Optimizer!

  Tax Lot Matching Trading Tool  



What can I do with the Tax Optimizer?

  • Change the default matching method for your account or for the current 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.



How can I find and use Tax Optimizer?


  • Tax Optimizer is available for stock, option, bond and warrant trades.




Call us if you are frustrated with your current firm's 1099 issues or if you are simply searching for an investing partner who has your best interests in mind!


Tax Optimizer puts you in the driver's seat so that you can make fast and easy changes to how you match your trades on the fly!


Call us today at 1-800-50- PLACE or 1-919-719-7200 for more information!



Any symbols displayed are for illustrative purposes only and do not portray a recommendation.

Place Trade Financial, Inc. is a member of FINRA, SIPC & MSRB registered firm.

IRS Circular 230 Notice: These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor.

Tax Information and Reporting ~ US Person or Entity ~ Initial Data & Data Collection


How to see which trades/cost basis will offer the lowest tax, How to save on taxes, how to pick specific higher cost and the lower capital gain on your tax trades: Know Your Cost Basis, reduce your tax bill, if using lots/buys, sell or trades, use specific lots, different lot-matching methods, FIFO, Specific identification and how it affects your gains and losses as well as how much you will pay for taxes on your trades.


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