Workflow Guide
C
Workflow Guide
Tax Reporting
How to Connect CalPrivate Bank for Tax Reporting
Generate cost basis reports, capital gains summaries, and transaction exports for tax filing workflows.
Implementation steps
- 1
Confirm all relevant accounts are connected and synced through the current tax year.
- 2
Review cost basis calculations (FIFO) and flag wash sale adjustments where applicable.
- 3
Export transaction summaries and gain/loss reports for tax filing or advisor handoff.
Required evidence
- Cost basis calculation (FIFO)
- Capital gains and loss summaries
- Transaction export for tax filing
CalPrivate Bank-specific considerations
- Monitor CalPrivate Bank balances, merchant-level spending, recurring bills, direct deposits, and transfer activity in one Clarity dashboard so you can review CalPrivate Bank with real trend lines, balances, and history instead of checking CalPrivate Bank in isolation or rebuilding the same context each week.
- Compare CalPrivate Bank with brokerage accounts, crypto balances, liabilities, and total net worth, which makes it easier to explain whether activity from CalPrivate Bank changed liquidity, diversification, or total net worth across your broader financial picture.