Tax Optimization Feature (Unrealized Gains)
The Tax Optimization Feature allows you to identify current gains and losses of all your existing asset tranches and their holding period.
Depending on your tax country, it is possible to realize gains as well as losses in order to optimize your tax burden within the respective year (offsetting of losses against gains).
Our Tax Optimization Feature provides the information you need to optimize your taxes!
In the US, for example, a sale of a tranche that has been held for more than 365 days falls under long-term capital gains and is taxed differently than short-term capital gains.
How to use the Tax Optimization Feature and what to be aware of?
Please always synchronize all your integrations first using “🟩 Sync All” (Dashboard > Integrations Tab) and then start a calculation of your transaction data using “🟧 Calculation” (Sidebar) before you analyze Tips or the performance values of your portfolio.
Navigate to Tax Optimization.
Now update your asset tranches by clicking Calculation.
CautionThe calculation shall always be based on your complete and error-free transaction history, similar to your tax report. If the calculation is blocked by errors, you can fix them with the following instructions
Always make sure that all your deposits and withdrawals are correctly linked, because without that, acquisition times and acquisition costs cannot be transferred!Now all your assets are displayed, including quantity, cost basis, market value, and profit/loss, sorted by highest profit.
You can also the sorting order of your assets to display losses before gains.
Use the filter options to display only specific assets or tax types (simulated sale at the current time). This allows you to identify all your tax-exempt assets and also filter by the performance type (gain/loss).
To view specific tranches, first click on the relevant asset and then on “Integration.” All tranches (transactions) will now be displayed, including the date, tax type, quantity, cost basis, market value, and profit/loss, sorted by highest profit.
If you want to realize gains (+values) or losses (−values), the consumption order of your assets depends on your selected tax settings.
For fully supported countries (e.g. Austria, Germany, France, US, etc.), the tax logic is predefined and FIFO (First In–First Out) is automatically applied. This means the oldest asset tranche in your portfolio is always sold first.
For other supported countries, you can customize your tax settings. In these cases, the consumption order depends on the selected cost basis method, including:
FIFO (First In–First Out) – oldest assets are sold first
LIFO (Last In–First Out) – newest assets are sold first
ACB (Average Cost Basis) – assets are pooled and averaged
These settings can be configured in your account (e.g. cost basis method, holding logic, integration segregation).
Tips
The shown asset balance is exclusively calculated on the basis of your imported transactions and therefore identical to your calculated balance.
The green and red unrealized gains are live values, so no recalculation is required as long as there was no change in the transactions.
You can simulate the Tax Optimization Feature or the tax impact of a sale via the Quick-Simulation feature or by selecting single integrations, assets or transactions.
