How to access cost basis and realized gain/loss information.

When your account moves to Schwab, the cost basis for all your open positions will move with it—as will realized gain/loss information for any historical positions that were closed at TD Ameritrade before your transition date.

Cost basis

Where to find cost basis information when you log in to the Schwab website.

This is a high-level overview of the navigation sections in the Accounts tab on Schwab.com.

1. Go to Accounts > Positions > Market Value.

This is an example of the positions page, which includes a Cost Basis column.

2. Click on the dollar amount in the Cost Basis column to see lot details.

This is an example of the lot details displayed in a pop-up window.

3. The lot details will be displayed in a separate pop-up window.

Note: The symbol used in this image is for illustrative purposes only and is not a recommendation.

How to change your default preferences.

1. Go to the profile icon > Account Settings.

This is an example of how to view and edit the cost basis method.

2. To choose your default preferences, select Edit cost basis method.

This is an example of how to change the account default and finalize your preferred cost basis method.

3. Choose your preferred method and select Update.

Additional details

: You can select a single cost basis default that will apply to all securities in each account. However, you won't be able to set different defaults based on the type of security class.
: Accounts that have mixed cost basis instructions will be set to FIFO (First In First Out) upon transition to Schwab. After the move, you'll be able to select specific lots at the time of trade and up until the settlement date.

How to change the cost basis method when placing a trade on the Schwab website.

You can change the cost basis method in the trade ticket for a particular order at the time the trade is placed. As a reminder, you can continue to make cost basis selections on the thinkorswim^® suite of platforms, available at Schwab later in 2023.

This is an example of a Schwab trading ticket where the cost basis method is set to First In First Out (FIFO).

1. On the trading ticket, select Cost Basis Method.

This is an example of the enter order process on Schwab.com, showing a wide range of cost basis method choices.

2. Next, choose the method you'd like to use.

This is an example of the enter order process on Schwab.com, showing Last In First Out (LIFO) selected.

3. Then select Update and you'll be returned to the trade ticket to complete your trade.

Note: The symbol used in this image is for illustrative purposes only and is not a recommendation.

How to choose specified lots on the Schwab website.

Not available at TD Ameritrade, the ability to select specific lots at the time of trade is available on the Schwab website. Here's how it works:

1. On the trading ticket, select Cost Basis Method.

This is an example of a Schwab trading ticket where Specified Lots is selected.

2. Then select Specified Lots as the cost basis method for the order.

This is an example of a Schwab trading ticket expanded to show the Specified Lots allocations.

3. Enter the quantity of shares of the specified lots that need to be closed, then select Update.

This is an example of a Schwab trading ticket showing the cost basis method updated to Specified Lots.

4. The cost basis method has been updated to Specified Lots. You can now proceed to reviewing the trade order.

Note: The symbol used in these images is for illustrative purposes only and is not a recommendation.

Additional details

: When canceling an existing order and entering a new one, or modifying an existing order, you'll need to reenter specified lots or the cost basis method since those don't carry over to the new order. For example, if you change the price of a limit order, the existing order will be canceled and a new order number will be generated with the new price.

Realized gain/loss

How to access your realized gain/loss information on Schwab website for trades made at Schwab.

Your realized gain/loss information for any historical positions that were closed at TD Ameritrade before your transition date will move with you to Schwab. Here's where to find it.

This is an example of where Realized Gain/Loss is located in navigation on international.schwab.com: Accounts Summary > History > Realized Gain/Loss.

1. Go to Accounts > History > Realized Gain/Loss.

This is an example of the Realized Gain/Loss tab on international.schwab.com, featuring the ability to search by symbol and date range.

2. You can search by symbol or select a date range to view your closing transactions.

Note: Realized gain/loss information is not available through thinkorswim or the Schwab Mobile app.

How to access your realized gain/loss information for historical positions that were closed at TD Ameritrade before your move to Schwab.

Your reports will remain accessible and secure on the GainsKeeper^® reporting system. Here's how to access your reports:

This is an example of the Realized Gain/Loss tab on international.schwab.com.

1. Go to Accounts > History > Realized Gain/Loss.

This is an example of how the Realized Gain/Loss tab on international.schwab.com appears in single account view format.

2. If you've selected the single account view, you will see a link to the GainsKeeper page in the blue bar located at the top of the page.

This is an example of how the Realized Gain/Loss tab on international.schwab.com appears in all accounts view format.

3. If you've selected an all accounts view, you will see individual links to the GainsKeeper page appear in a yellow bar below each account. You must click on each link to view the information held at GainsKeeper for each account.

This is an example of the prompt letting you know that you are leaving international.schwab.com.

4. By clicking the GainsKeeper link, you'll see a prompt informing you that you're leaving Schwab. After clicking the Go to GainsKeeper button, GainsKeeper will appear in a new window.