Reconciled transactions are composed of one or more line items. Lumina automatically reconciles line items that are found within your account.
Reconciled transactions can fall into types, which are listed below:
- Buy: Buy cryptocurrency via fiat or cryptocurrency
- Sell: Sell cryptocurrency for fiat
- Transfer: Transfer cryptocurrency between wallets you own
- Transfer In: Transfer cryptocurrency in to start being tracked (requires you to enter cost basis)
- Transfer Out: Transfer cryptocurrency out that does not need to be tracked
- Paid: Paid for service using cryptocurrency
- Earned: Earned cryptocurrency for completing a service
- Airdrop: Receive cryptocurrency at no cost due to airdrop
- Fork: Receive cryptocurrency due to blockchain forkMined: Receive cryptocurrency from mining activity
- Receive Gift: Receive cryptocurrency as gift in exchange for nothing
- Send Gift: Send cryptocurrency as gift in exchange for nothing
- Theft: Lost cryptocurrency due to unauthorized activity
- Deposit: Deposit fiat
- Withdrawal: Withdraw fiat
Each of the above types have different tax implications, based on the open or closing of tax lots.
