Step 1 — Capital Gains Overview
→ At the top of your dashboard, you’ll see Capital Gains, Net Income, Net Expenses, and Total Transactions.
→ This area provides a high-level summary of your tax status.
→ The Transactions Labeled bar shows the percentage of your transactions that have been categorized.
Step 2 — Portfolio Review
→ The Portfolio Review section shows your connected wallets, number of transactions, net gain/loss, and sync progress.
→ Use the Manage Wallets button to add or adjust wallets and exchanges at any time.
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Step 3 — Capital Gains Section
→ This section provides a detailed look at your realized gains.
→ If no data is available, it means transactions need to be added or synced.
Step 4 — Income & Expenses
→ The Income & Expenses section summarizes all income earned and expenses recorded across your wallets and exchanges.
→ If this section shows “No data available,” you may need to add wallets or reconcile transactions to populate it.
Step 5 — Reconcile Transactions
→ Use the Reconcile Transactions button to review and confirm each transaction.
→ This ensures accuracy in your reports.
→ You can filter by wallet, labels, Solana programs, and fiscal year.
Step 6 — Settings Panel
→ Located on the right side of the dashboard.
→ Here you can adjust:
→ Cost Method (e.g., FIFO, LIFO, HIFO).
→ Country for tax jurisdiction.
→ Fiscal Year for reporting.
→ This ensures your reports match your local tax rules.
Step 7 — Download Tax Reports
→ The Tax Reports section allows you to download ready-to-submit reports for your accountant or tax software.
→ Click Download Tax Report to export your data.
Step 8 — Tax Report Types
→ When you click Download Tax Report, you’ll see multiple report options:
→ Report Summary (PDF): Includes income, expenses, wallets added, and capital gains.
→ Capital Gains (CSV): Lists gains/losses from your transactions.
→ Income (CSV): Shows income-based transactions.
→ Expenses (CSV): Provides a breakdown of expenses.
→ Transactions Report (CSV): A full record of your transactions.
→ TurboTax 1099-B (CSV): Directly uploadable into TurboTax.
→ Select the report you need, click Generate Report, and then download the file once it’s ready.
✅ With these sections, you now understand how to read your dashboard, reconcile your data, and generate specific reports for filing.
Disclaimer: This content is for informational purposes only and is not financial, tax, or legal advice. Please verify with official sources and consult a professional before acting on any information. Netrunner is not liable for outcomes resulting from its use.