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Sell Based on Tax Optimization Setting
This feature allows you to determine if you want to sell securities in a way that produces lower tax costs to the client.
This setting only applies to groups for rebalancing and does not apply to single accounts.
Choose one of the following options:
Setting | More Information |
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Yes |
Tamarac Trading will temporarily ignore model ranks and rebalance to your model targets at the lowest possible tax cost to the client. Securities will be sold in the following order:
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No |
Tamarac Trading will use ranks and sell the lowest ranked securities first until it reaches the target for the model. |
For more information on this and other available tax loss harvesting features in Tamarac Trading, see Tax Loss Harvesting and Tax Management Strategies.