Tax applications and advisory
You must file a tax return as an active trader or investor in your country of residence. Therefore, we have prepared a tax application, including the related advisory, to have all the necessary documents for taxing profits from investments.
However, you do not have to file a tax return if you have held onto your assets for more than three years before selling them.
How to use the tax application
Therefore, you only need to download all three mentioned reports from the “Reports” section
in your IBKR account and send them to the tax advisor.
The tax advisor will afterward fill the whole Appendix No. 2 of the tax return according to the trades executed as suggested by our tools.
If you are trading other financial instruments or using different platforms to trade, you should file a tax return for each. Unfortunately, the tax advisory service in the Premium plan does not include assistance with your other accounts or merging the information into one summary document. However, we can provide these services as a separate service.
Please be aware that we only provide the software. We always recommend asking a specialized tax advisor for help.