How do I view or add cost basis to my securities in PortfolioPilot?
PortfolioPilot supports cost basis tracking so you can accurately assess tax implications, unrealized gains/losses, and tax-loss harvesting opportunities. Here's how to view and add it:
Viewing cost basis:
- Go to the Transactions tab
- Select the account from the dropdown
- Your tax lots and cost basis will be displayed per security
Adding or updating cost basis:
If your cost basis is missing or incomplete (common with older positions or recently connected accounts), you can backfill it in two ways:
Option 1 - Manual entry:
- In the Transactions tab, select the account and manually add historical buy transactions with the original purchase price and date
Option 2 - Statement upload:
- Click 'Upload Statement' and submit an old brokerage statement (CSV, PDF, or Excel)
- Our AI will extract the tax lot data and update your cost basis (usually takes ~2 min)
Tip: You do NOT need to create a separate manual account to fix missing cost basis - you can backfill it directly on your synced account using the methods above. An accurate cost basis is essential for the Tax Optimization and Tax-Loss Harvesting features to work correctly.
