The Outgoing Gift and Lost or Stolen Assets Report provides a summary and a detailed record of all transactions categorized as ‘Outgoing Gift’, ‘Lost’ or ‘Stolen’ for the selected financial year. This article will guide you through the details included in the report.
Relevant Transaction Categories
Category | Description |
You gave a gift to a third party (e.g. gifted crypto to a family member) | |
You lost crypto (e.g. forgotten seed phrase) | |
Your crypto was stolen (e.g. wallet was hacked) |
Learn more:
Report Details
Currency - This is your native currency based on your chosen country.
Total transactions (all time) - ‘All time’ refers to the total number of transactions imported across all financial years. You can find the total transaction count on your Transactions page. In this example, I have 7 transactions across all financial years.
Transactions In (financial year) - The number of your transactions for the selected financial year. You can check this on your Transactions page by filtering for the financial year. In this example, I have 5 transactions for the selected financial year.
Tax Settings
This is the Inventory Method and Cost Basis Tracking you used for the selected financial year. You can check and change your Inventory Method and Cost Basis Tracking on your Settings page.
Report Summary
The Report Summary section provides an overview of the total value of all Outgoing Gift, Lost, and Stolen transactions for the selected financial year.
Details | Description |
Total Outgoing Gift | The total value of assets categorized as ‘Outgoing Gift’. |
Total Lost | The total value of assets categorized as ‘Lost’. |
Total Stolen | The total value of assets categorized as ‘Stolen’. |
Total | The combined total of Outgoing Gift, Lost and Stolen. |
Transactions
The Transactions section breaks down the raw data that forms the basis of the report summary above. At the end, you'll find the Totals, representing the sum of all transaction values listed in the report. This section is organized into eight columns, each explained in detail below.
Details | Description |
Currency | The asset involved in the transaction. |
Timestamp | The date and time the transaction occurred. |
Trade | The type of transaction (Outgoing Gift, Lost, or Stolen). |
Quantity | The amount of the asset involved in the transaction. |
Value | The total asset value involved in the transaction (Price x Quantity). |
From | The wallet or exchange the transaction came from (this can sometimes be called the 'source'). |
To | The wallet or exchange to which the transaction was sent (this can sometimes be called the 'destination'). |
Transaction Id | The transaction identification number. This can be the TX ID provided by the blockchain, a unique ID provided by a centralised exchange, or the app if no Transaction ID is assigned from the original source. |
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