Sorry for asking here, I AFC (GE tax offices) is ambiguous on this, although they are clear on other things. I “stumped” 4 tax advisors so far, as they already did not know what applies in my situation well (all 4 of them insisting they are right and accusing me that I am simply lying that I have information from both the tax office website and 2 official responses from the tax office… but that’s another story)
The question is what can I send the tax office without declaring each stock position and transaction one by one? I did this one by one declaration last year, it was fine, but given our situation might not work well this time (also, we have quite a few positions due to me being a beginner and buying random shit in post-covid crash, and I was still cleaning that up in 2025, so it is quite a pain to declare 1 by 1).
Also it would like to avoid the 6-month rule for 3 positions - one did some return, other two did ~0, basically I bought in August, but I wanted to close them before EOY so they do not appear in 2026 reports… Basically theinvestment thesis was broken after ~2 months in all 3 cases (fundamentals broken / news / for UNH just started buying when Buffet also started, so not interesting any more, and did not want to leave a small position), I was already just waiting for the “6-month rule”…
So the situation
my wife works at an international organisation
she is taxed there (and not a little amount…)
the rule is that because of this she is exempt from Swiss taxes
for wealth taxes, I confirmed several times that we are taxed after HALF of the wealth
I do not really feel like declaring every stock stuff with “half numbers”. (Last year I declared everything as is, and wrote a note on the declaration about this → but a computer did the evaluation, we got taxed for everything → I notified them and they were kind to update the tax declaration, but I want to avoid the same mistake next year)
So could you please help me how/what you fill in your tax declaration in aggregated results? Also, it would be a huge help if you could share which IBKR / Schwab report you send / what custom report you generate on your broker. I know it has to show the incoming dividend - we not only have US stocks (where I want to get the withholding taxes deducted), but also stocks from many European and non-European countries.
The tax rules are clear, the question is how members of this forum declare IBKR (even if not halved).
I appreciate that you took your time to ask “AI” (although you did not indicate which free/broken one you used) - I already ask everything and double check, but in the end it could not whop out me sources of user testimonies / proof. I pay a lot for AI models for my work anyway.
“So could you please help me how/what you fill in your tax declaration in aggregated results?”
(Don’t take it personally, I know this AI crap and bad habits going everywhere, while I am making buckets of money training/improving AI, because it is just so broken.)*
Let me know which of steps one to seven are unclear and I’ll explain them to you. It’s common practice to simply enter the year-end values in the tax form and submit the activity report as proof. If you had invested a second in searching for this topic on this forum, you would have found the answer yourself.
Thanks, honestly this instruction from your AI is unclear “In the Tax Declaration: Create one aggregate line item called “Portefeuille Global IBKR”.” it does not say where in GETax I can find it. The rest is ok.
Sorry, I try always searching here first, but the search is very bad (lot of noise) and I thought it is easier to ask for personal experience from people whose tax decl. was accepted. I honestly thought this is not rare on a “FIRE forum” to declare stocks (without the halving story), everyone does it and takes 10 seconds to write down what they did what the tax office accepted, so I though I am not asking for a big favour here. (Also did not find a blog post on this, maybe there is one just lost in the marketing noise.)
Also you can just direct me a tax advisor, preferably a competent one, because 500-800 CHF is ok to pay, but I am at this point fed up with the time I lose on incompetent professionals (I could make much more money in that time…)
Click the button/tab labeled Saisie manuelle (Manual Entry). This is the only way to enter a custom text like “Portefeuille Global IBKR”.
Which are exactly the steps mentioned by the AI . One entry with year-end value and activity report, takes like one minute to enter.
Unfortunately, I can’t help you with this one, as I use the “free” service provided by the tax office. I can’t speak for Geneva, but in my tax-friendly canton, the tax office staff are always helpful. They answer my questions fully and clearly, and I don’t even have to pay anything (although I suppose I pay their salaries through my taxes). I would strongly advise you to do the same. The tax office’s bad attitude towards taxpayers is over. If you feel that the people at your tax office are incompetent, then complain to the relevant political representative directly by phone.
That’s why most people on this forum take matters into their own hands and research themselves to not rely on incompetent people. I feel you on this one .
Thank you!!! Also saw in some email mustachian has now a guide for this.
Yes GE tax office is also amazing, this is a topic I do not want to detail them though, before they call my past “buying every shit in poistcovid crash” beginner mistake as “professional investor”
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. One entry with year-end value and activity report, takes like one minute to enter.