Change basis of a security on Interactive Brokers?

Discussion in 'Trading Software' started by zxd, Jan 25, 2011.

  1. zxd


    Is there a way to change the basis of a security traded on Interactive Brokers?

    I have my tax basis set to LIFO but I've been trading oil and it didn't calculate my P/L like that, it calculated it with FIFO, is there a way to go in and change it for that specific trade?
  2. Bob111


    there is.look in account management,on their website. i believe it's somewhere in "reports' section
  3. zxd


    There is tax basis declaration where you can choose LIFO or FIFO but it didn't apply to my futures trading, can I do it for a specific trade?