Electronic trading major Interactive Brokers has added Tax Planner to PortfolioAnalyst.

The Tax Planner in PortfolioAnalyst is a tool to help you estimate taxes for your brokerage account(s) activity. This tool allows you to choose the desired investment accounts to include and utilizes taxable income sources outside of your investment accounts.

You may customize the various tax rates used to determine your tax estimate, and view your total estimated tax and combined income sources subject to taxation.

PortfolioAnalyst consolidates your financial accounts, tracks each account’s account performance and activity, and provides a broad set of tools for analyzing your entire portfolio and planning for the future.

Use PortfolioAnalyst to analyze your consolidated portfolio’s performance by asset class, sector, financial instrument, region and country, date and total for a selected period. Review portfolio concentration and risk by a variety of measures, including Max Drawdown, Sortino Ratio, Sharpe Ratio, Calmar Ratio, Alpha, Beta, Positive Periods, Negative Periods and more. Drill down into specific portfolio metrics such as Portfolio Movers, ESG, Projected Income, Fixed Income, Greeks and more.

There is no cost to use PortfolioAnalyst and a free account includes access to a suite of tools that helps you understand your current financial picture. If you are already an IBKR client, you will also have access to real-time data from your IBKR account and a number of advanced tools.