Can I change the default tax lot matching method?

The default tax lot matching method is applied to all lots. To change the default matching method, you must use the Tax Optimizer.

To access the web Tax Optimizer in Client Portal:

1. Log into Client Portal.
2. For Positions:
   1. Click the Portfolio tab followed by the Positions tab. Hover over the position you wish to view, click on the menu (3 dots) icon to the right of the ticker and select View Tax Lots. 
3. For recent Trades or closed Positions:
   1. Click the Trades tab followed by Orders & Trades. Hover over the trade or closed position you wish to view, click on the menu (3 dots) icon to the right of the ticker and select Change Tax Lots.

To access Tax Optimizer in Desktop TWS:

1. Click the Account menu, select Tax and then Tax Optimizer (classic).
2. The Client Portal opens and the Tax Optimizer section appears on the right hand side.

Please Note

• IB-CAN clients are not able to access the Tax Optimizer because Average Cost is the only allowed tax lot matching method by CRA.

Additional Information

• Tax Optimizer Users' Guide
• What are the Tax Lot Matching Methods in Tax Optimizer?