Deciding if to use FIFO or LIFO for taxes

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Option Trader

Does Turbotax or any other software instantly calculate different scenarios (like FIFO or LIFO) to determine which will give the maximum benefit for your taxes?
 
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Does Turbotax or any other software instantly calculate different scenarios (like FIFO or LIFO) to determine which will give the maximum benefit for your taxes?
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For netting purposes, use min-profit / max-loss to minimize tax exposure, and keep as much unrealized gains as possible.
 
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