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Knowledge Base / Financial Tools

Financial Tools

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What are River account statements?

This article will highlight River monthly account statements, the information they contain, and where they can be found.

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Can I add cost basis information for my Bitcoin?

This article will walk you through adding cost basis information for Bitcoin deposited into your River Financial account.

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How does sending Bitcoin affect my tax lots?

When you send Bitcoin from River, the amount you send is deducted from your account using the FIFO method starting with all Unknown Tax Lots then Known Tax Lots. First In, First Out, commonly known as FIFO, is an asset-management and valuation method in which assets received or bought first are sent and sold first.

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