IBKR’s Tax Loss Harvest is a powerful tool that allows financial advisors to potentially reduce their clients’ tax liability. Powerful automation lets Advisors easily harvest losses in an asset across multiple client accounts at the same time.
Investors can also proactively manage gains and losses by changing the tax-lot matching method using the IBKR Tax Optimizer.
The projections or other information generated by Tax Loss Harvesting or 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 information provided here is not intended to serve as tax advice and should not be used by the recipient or any other taxpayer to avoid penalties under any federal, state, local, or other tax statutes or regulations. It is also important to acknowledge that this information cannot be relied upon to resolve any tax issues.