Workflow Guide
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Workflow Guide
Tax Reporting
How to Connect Sagewell 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
Sagewell-specific considerations
- Monitor Sagewell balances, merchant-level spending, recurring bills, direct deposits, and transfer activity in one Clarity dashboard so you can review Sagewell with real trend lines, balances, and history instead of checking Sagewell in isolation or rebuilding the same context each week.
- Compare Sagewell with brokerage accounts, crypto balances, liabilities, and total net worth, which makes it easier to explain whether activity from Sagewell changed liquidity, diversification, or total net worth across your broader financial picture.