How do I change my cost basis method?

The cost basis method, or tax lot methodology, selected for crypto taxes could alter your capital gains and resulting tax bill. All River clients are defaulted to the FIFO (first in, first out) methodology, but clients may select from two additional options: LIFO (last in, first out) and HIFO (highest in, first out).

This guide will help you change your cost basis method on your River account.