Gain/Loss & Tax Center

The Scottrade Gain/Loss & Tax Center tool provides you with the latest in cost basis calculation and tax strategy. Gain/Loss & Tax Center can be accessed in the My Account menu in your Scottrade® account.

Gain/Loss & Tax Center Summary

To get to the Gain/Loss & Tax Center, log in to your account and hover over My Account at the top. Then click Gain/Loss & Tax Center under the Tax Information heading.

Gain/Loss Reports

Gain/Loss & Tax Center's gain/loss reports show a position-by-position account of your holdings. You can view Unrealized Gain/Loss, Current Year Realized Gain/Loss or Prior Year Realized Gain/Loss.

Activity

The Activity section allows you to review a ledger and a list of raw trades. The ledger tracks all activity for each position, and the raw trades page shows you each transaction as it is recorded.

Incoming Positions

The Incoming Positions section logs positions as you transfer them into Scottrade, and it sorts them as Incomplete or Completed. Incomplete positions are those that were transferred from another brokerage or acquired before Gain/Loss & Tax Center was implemented.

Tax Reports

The Tax Reports page enables you to download your realized gain/loss information directly into TurboTax® to help make taxes easier.

Tax Strategy

Tax strategy management helps you determine how your sells will be matched with the tax lots that make up each position in your account. These settings are at the heart of managing your after-tax performance.

This material is for informational purposes only and Scottrade is not responsible for any errors or omissions. Scottrade does not provide tax advice and the information contained herein is not meant as a replacement for professional advice. Please consult your tax or legal advisor for questions concerning your personal tax or financial situation.