Workflow Guide
S
Workflow Guide
Tax Reporting
How to Connect SoFi Invest 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
SoFi Invest-specific considerations
- Track SoFi Invest balances in one place.
- Compare SoFi Invest performance with other assets and accounts.
- See SoFi Invest data within your total net worth picture.