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|Subject: Re: FIFO or LIFO when booking gains?||Date: 2/11/2013 11:24 AM|
|Author: TMFMurph||Number: 415601 of 459254|
With Scottrade, there is a choice called "least tax"; which, IMHO, ( and for my tax situation ) is best. The automatically "chose" which shares to sell that result in the least gain ( tax ), regardless of when they were purchased. Way better than LIFO or FIFO for me.
This is relatively new ( started last year or so, IIRC ).
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