For equities, the default method for all accounts is First-In First-Out (FIFO). You can change the default method to Last-In First-Out (LIFO) by emailing us at[email protected] from your email address of record with the following information:
Change Tax Relief Method to: LIFO
Last 4 digits of your Account Number(s):
Last 4 digits of your SS#:
Date of Birth:
All unsettled trades and all trades going forward will be reported under your chosen method.
All prior trades will be reported under the prior method on the account.