📝 Description
Generally, deposits increase the value of your portfolio. The choice of label impacts the calculation of your capital gains or losses. Therefore, do not use labels if you are not sure of their impacts.
According to tax regulations, some deposits must also increase your Total Acquisition Price (PTA).
[!TIP] Not all deposits need to be labeled. Only the following types must be labeled as they increase your PTA: Cashback, Salary, Donation.
📊 Labels summary table
Deposit Label | Acquired at 0? | Taxable? | Impact on portfolio value |
Salary, Donation, Cashback, Crypto purchase, Mining | No ❌ | No ❌ | Yes ✅ Increases ↗️ |
Collateral repayment, Destaking, Scam | Yes ✅ | No ❌ | No ❌ |
Airdrop, Masternodes & staking, Mining | No ❌ (BNC option otherwise Yes)* | Yes ✅ (BNC option otherwise No)* | Yes ✅ Increases ↗️ |
ICO, Fork, Derivative gains, Other gain, Loan, Swap, Liquidity withdrawal, Transfer between accounts | Yes ✅ | No ❌ | Yes ✅ Increases ↗️ |
*The option of taxation under the BNC tax regime for received passive gains can be advantageous! 👉 See our article on the BNC regime.
👉 To label a transaction, follow this tutorial. 👉 Here is how to add deposits from unsupported platforms.