I have made some recent sell trades and want to change the sale allocation method from FIFO to LIFO in my Sharesight portfolio. How do I do this?
Reports, Capital Gains Tax Report, then their is a button to change sell allocation method.
You can select change sale allocation in the CGT report.
A lot of people also want to carry forward losses from previous years this can be done using “advanced options”
Image below for reference:
- Click on CGT report.
- On the top right side click on Change Allocation Method
- It opens the window where you choose the stock that needs changing and you choose from FIFO to LIFO , Minimise Gain , Maximize Gain etc . Default is FIFO.