Intentio security
+$500 gain · long-term
$0 phantom income
A split is a non-taxable re-denomination. The $1500 basis is preserved and the holding period tacks to the original purchase, so the entire $500 gain is long-term.
Intentio Tax · preview · roadmap
Tax lots from the same record — and §1091 done right.
Real realized capital gain/loss from Intentio's FIFO cost-basis engine — matched lots, short vs long-term. USD-evidenced only: where basis and proceeds are settled in a USD stablecoin, the figure is an on-chain fact, not a price estimate; everything else abstains rather than guess. Below: an illustrative engine run, then the lot movements and §1091 wedge drawn from the same record the Ledger and Audit pages read.
Realized capital gain/loss preview · roadmap
FIFO cost-basis matching, short vs long-term — the actual numbers the engine computes, not just lot edges. USD-settled disposals only; non-USD-settled legs are listed as abstained (they need external pricing). NOT TAX ADVICE.
Illustrative engine scenario — synthetic treasury data, not this wallet. A worked example (real DeFi-treasury histories are private); the FIFO / short-long / abstain mechanics are what run on a real wallet.
Short-term net$120
Long-term net$300
MethodFIFO
| Asset | Qty | Proceeds (USD) | Basis (USD) | Gain/loss (USD) | Term |
|---|---|---|---|---|---|
| TOK | 4 | $520 | $400 | $120 | short |
| TOK | 6 | $900 | $600 | $300 | long |
Abstained — needs external pricing (Tier 2)
Disposals whose proceeds or cost basis aren't evidenced in USD on-chain (ETH-settled or token↔token). Intentio abstains rather than guess a price — never mis-computed.
- WETH × 1 — cost basis of some disposed units is not USD-evidenced (acquired via a non-USD leg) — needs external pricing (Tier 2)
Lot movements preview · roadmap
Acquisition/disposal edges for the shared demo swap — the lot edges only. Whether an edge is a taxable disposal, which cost-basis method applies, and jurisdiction are policy calls you keep.
| Direction | Amount | Asset | Basis |
|---|---|---|---|
| Dispose | 138.095178 | USDT | swap-disposal |
| Acquire | 138.127962 | USDC | swap-acquisition |
Wash sale — §1091/§1223 preview · roadmap
The tokenized-equity tax wedge: §1091 wash-sale + §1223 holding-period, computed from re-executed cost basis and security character — inputs a log-based crypto tax engine cannot produce. Illustrative fixture; NOT TAX ADVICE.
Demo scenario — not calculated from this wallet. An illustrative §1091 example (real tokenized-equity histories are scarce).
bAAPL — §1091/§1223 (NOT TAX ADVICE; pending professional review)
| Intentio (security) | Naive property engine | |
|---|---|---|
| Recognized gain/loss (USD) | 0 | -300 |
| §1091 wash sale | loss of 300 disallowed | not applied |
| §1091(d) basis added to replacement (USD) | 300 | 0 |
| §1223 holding period | tacked to the sold lot (day 0) | resets |
A crypto-first (property-treating) engine allows the loss — the wrong answer for a security. Intentio's inputs (re-executed basis + security character) are what make the correct §1091 result possible.
Illustrative fixture — real tokenized-equity histories are scarce; the re-execution mechanism is proven on live txs.
Corporate actions — stock splits preview · roadmap
A tokenized equity can split (on-chain, a Scaled-UI-Amount multiplier bumps the balance). A split is a non-taxable re-denomination — but crypto tax tools read the extra tokens as income and reset the holding period. Intentio applies the securities treatment. Illustrative fixture; NOT TAX ADVICE.
Illustrative scenario — not this wallet. 10 bAAPL bought for $1500; a 2:1 forward split; all 20 shares sold for $2000 (held > 1 year).
Crypto "property" treatment (illustrative)
- Books the shares created by the split as ordinary income at fair value — but a split creates no income.
- Resets the new shares' holding period to the split date, so part of the gain is taxed as short-term instead of long-term.
The property column is an illustrative counterfactual, not a run of any specific tool. Intentio's securities treatment of a tokenized equity (split as non-taxable, holding-period tacking) rests on the premise that a tokenized equity is a security for these rules — pending review by a qualified tax professional. NOT TAX ADVICE.
Corporate actions — dividends preview · roadmap
A tokenized equity can pay a cash dividend. It's dividend income on a security — qualified (lower rate) or ordinary by the holding period — and it doesn't change basis. Crypto tax tools treat the inbound cash as a plain receipt and can't make that call. Illustrative fixture; NOT TAX ADVICE.
Illustrative scenario — not this wallet. 10 bAAPL bought for $1500; a $50 cash dividend received 100 days later.
Intentio security
+$50 qualified dividend income
Recognized as dividend income on a security — held 100 days, which meets Intentio's (simplified) qualified-dividend holding-period test → qualified, taxed at the lower capital-gains rate. Basis and holding period are unchanged.
Crypto "property" treatment (illustrative)
- Treats the inbound cash as a plain receipt — missing that it is dividend income on a security.
- Can't tell qualified from ordinary (it doesn't track a securities holding period), so it can't apply the lower qualified-dividend rate.
The property column is an illustrative counterfactual, not a run of any specific tool. The qualified/ordinary determination uses a simplified holding-period test; Intentio's securities treatment of a tokenized equity rests on the premise that it is a security for these rules — pending review by a qualified tax professional. NOT TAX ADVICE.