APL Gain Loss Trading Model (Contents, Download)

APL Gain-Loss Trade Modeling (GLTM) tools were designed to assist clients with tax-efficient trade

strategies.

Tip: An Adobe Acrobat^TM formatted version of the complete User Guide (PDF) materials are available for sharing with your customer.

The GLTM tools help users:

• Harvest gains or losses across multiple accounts

• Identify tax lots to buy or sell based on user defined trading criteria, such as:

  • Tax Term

• Rollover days from short-term to long-term

  • Wash sale

  • Sell Priority

• Manage tax implications across multiple accounts

The GLTM suite includes:

• Multiple Account Single Security (MASS)

  • Single Security What If

• Single Account Multiple Security (SAMS)

  • Account Adjuster

  • Realize Target Gain/Loss

• Multiple Account Multiple Security (MAMS)

  • Realize Target Gain/Loss

  • Multiple What If

For those managers looking to become more tax-aware, GLTM is the perfect tool.

Table of Contents

• Chapter 1: About This Manual
  • 1.1 Intended Audience
  • 1.2 Conventions used in this User Guide

• Chapter 2: Background
  • 2.1 Terms & Calculations
  • 2.2 Tax Profile Fields
    • TAX LIABILITY
    • REALIZED, Short-Term
    • REALIZED, Long-Term
    • REALIZED, All Tax Terms
    • UNREALIZED, Short-Term
    • UNREALIZED, Long-Term

• Chapter 3: GLTM Trading Tools
  • 3.1 GLTM What-If (MASS) Function
    • GLTM What-If Reporting Template
    • Creating a GLTM What-If (MASS) scenario
  • 3.2 GLTM Account Adjuster (SAMS) Function
    • Using the GLTM Account Adjuster (SAMS) Template
    • Using the GLTM Account Adjuster (SAMS)
    • Using the SAMS Realize Target Gain/Loss tool
    • Using the SAMS Set Global Defaults tool
  • 3.3 GLTM Multiple Account (MAMS) function
    • Using the MAMS Realize Target Gain/Loss tool
    • Using the MAMS Multiple What If tool
    • Using the MAMS Template Manager tool
    • Using the MAMS Set Global Defaults tool
    • Editing the Tax Rate Schedule
    • GLTM Amortization

• Chapter 4: GLTM Reports
  • 4.1 GLTM Account Adjuster Reports
    • Running reports through the GLTM Account Adjuster
  • 4.2 GLTM Tools Menu Reports
    • Running the Quick Gain-Loss Report
    • Running the Tax Cross Reference Report

• Chapter 5: Wash Sale Rule Addendum
  • 5.1 APL’s prevention of wash sale violations
    • When an account buys the security before the sale
    • When an account buys the security after the sale