Workflow Guide
U
Workflow Guide
Tax Reporting
How to Connect U.S. 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
U.S. Bank-specific considerations
- Review U.S. Bank transactions in one organized workspace.
- Track U.S. Bank recurring charges automatically.
- Keep U.S. Bank balances visible with every other account.