Crypto Portfolio Spring Cleaning: Get Tax-Ready

Step 2: Resolve Tips and Improve Your Account Health

Once your transactions are imported, it’s worth checking the tips in your Blockpit account.

Tips are automatic indicators that highlight when something in your transaction history is incomplete, unclear, or inconsistent. They help you identify potential problems early and improve the quality of your data.

The more tips you resolve, the higher your Account Health becomes. This metric represents the percentage of transactions without unresolved tips, and ideally it should be as close to 100% as possible. High data quality ensures that your tax report can be calculated accurately.

<div class="card_body_small infobox margin-bottom_medium margin-top_small"><div class="flex_horizontal-copy gap-xxsmall margin-bottom_xxsmall"><div class="icon_small is-infobox w-embed"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none">
 <path fill-rule="evenodd" clip-rule="evenodd" d="M2.25 12C2.25 6.61522 6.61522 2.25 12 2.25C17.3848 2.25 21.75 6.61522 21.75 12C21.75 17.3848 17.3848 21.75 12 21.75C6.61522 21.75 2.25 17.3848 2.25 12ZM10.9562 10.5584C12.1025 9.98533 13.3931 11.0206 13.0823 12.2639L12.3733 15.0999L12.4148 15.0792C12.7852 14.894 13.2357 15.0441 13.421 15.4146C13.6062 15.7851 13.4561 16.2356 13.0856 16.4208L13.0441 16.4416C11.8979 17.0147 10.6072 15.9794 10.9181 14.7361L11.6271 11.9001L11.5856 11.9208C11.2151 12.1061 10.7646 11.9559 10.5793 11.5854C10.3941 11.2149 10.5443 10.7644 10.9148 10.5792L10.9562 10.5584ZM12 9C12.4142 9 12.75 8.66421 12.75 8.25C12.75 7.83579 12.4142 7.5 12 7.5C11.5858 7.5 11.25 7.83579 11.25 8.25C11.25 8.66421 11.5858 9 12 9Z" fill="#1A73E8"></path>
</svg></div><div class="label"><span class="text_bold text-color-blue">Good to know</span></div></div><div class="label"><strong id="">Good to know:</strong> Even if your Account Health is lower, a tax report can still be generated. In this case, Blockpit applies fallback logic to calculate your report. While the report remains usable, it may result in a higher tax burden rather than a lower one. By resolving tips, you can often improve the accuracy of your tax report and potentially reduce your tax liability.</div></div>

Below are the four most common tips you may encounter in Blockpit—and how you can resolve them quickly.

1. Unlabeled Transactions

This tip appears when a transaction does not yet have a label, meaning Blockpit cannot clearly determine what type of transaction it is. While many transactions are labeled automatically, some cases require manual classification.

Typical examples:

• A trade was not recognized correctly
• A transfer between two of your own wallets
• A deposit or withdrawal without a clear assignment

How to fix it:

• Open the affected transaction
• Assign the appropriate label (e.g., Trade, Transfer, Airdrop)
• Or connect related transactions to form a Trade or Transfer

If several transactions belong together, you can also edit them together or merge them to correctly represent the event.

2. Mismatched Balance

This tip occurs when the balance reported by the exchange or wallet (Synced Balance) does not match the balance calculated from your transactions (Calculated Balance). It usually indicates that some transactions may not have been imported correctly.

This commonly happens when:

• A deposit is missing
• A withdrawal was not imported
• A transfer between two accounts was not fully captured

How to fix it:

• Synchronize the integration again
• Check whether all transactions were imported completely
• Add missing transactions manually or via CSV import

3. Missing History

The “Missing History” tip appears when an asset leaves your account even though, according to your transaction history, it was never recorded as being in your balance.

Example:
You see an outgoing transaction of 1 BTC with the message “Missing history of 1 BTC”. This means that the previous transaction where 1 BTC entered the integration is missing.

This often happens when:

• An API only provides data from a certain date onward
• Older transactions were not imported
• A wallet or exchange was connected too late

How to fix it:

• Synchronize the integration again
• Check whether you can import older transactions via CSV
• Add missing transactions manually
• If necessary, recreate the integration to import the full history

4. Missing Value

This tip appears when Blockpit cannot determine a price or market value for a transaction.

This can happen for example with:

• Newly issued or very illiquid tokens
• DeFi assets
• Historical transactions without a price source

How to fix it:

• Review the asset value of the transaction
• Add the price manually so the correct market value can be calculated

<div class="card_body_small infobox green margin-bottom_medium margin-top_small"><div class="flex_horizontal gap-xxsmall margin-bottom_xxsmall"><div class="icon_small is-infobox w-embed"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none">
 <path d="M7.49281 18.5C7.06823 18.5 6.67296 18.2635 6.51759 17.8684C6.18349 17.0187 6 16.0933 6 15.125C6 13.3759 6.59874 11.7667 7.60244 10.491C7.75335 10.2993 7.97456 10.1821 8.20214 10.094C8.67496 9.91091 9.09254 9.57968 9.4141 9.16967C10.1873 8.18384 11.1617 7.3634 12.2755 6.77021C12.9977 6.38563 13.6243 5.81428 13.9281 5.05464C14.1408 4.5231 14.25 3.95587 14.25 3.38338V2.75C14.25 2.33579 14.5858 2 15 2C16.2426 2 17.25 3.00736 17.25 4.25C17.25 5.40163 16.9904 6.49263 16.5266 7.46771C16.261 8.02604 16.6336 8.75 17.2519 8.75H20.3777C21.4044 8.75 22.3233 9.44399 22.432 10.4649C22.4769 10.8871 22.5 11.3158 22.5 11.75C22.5 14.5976 21.5081 17.2136 19.851 19.2712C19.4634 19.7525 18.8642 20 18.2462 20H14.2302C13.7466 20 13.2661 19.922 12.8072 19.7691L9.69278 18.7309C9.23393 18.578 8.75342 18.5 8.26975 18.5H7.49281Z" fill="#4CAF50"></path>
 <path d="M2.33149 10.7271C1.79481 12.0889 1.5 13.5725 1.5 15.125C1.5 16.3451 1.68208 17.5226 2.02056 18.632C2.27991 19.482 3.10418 20 3.99289 20H4.90067C5.3462 20 5.62137 19.5017 5.42423 19.1022C4.83248 17.9029 4.5 16.5528 4.5 15.125C4.5 13.4168 4.97588 11.8198 5.8023 10.4593C6.0473 10.0559 5.77404 9.5 5.30212 9.5H4.24936C3.41733 9.5 2.63655 9.95303 2.33149 10.7271Z" fill="#4CAF50"></path>
</svg></div><div class="label"><span class="text_bold text-color-blue">Tip</span></div></div><div class="label">The tips above are the most common cases. You can find a more detailed explanation of all tips, along with step-by-step instructions for resolving them, in the <a id="" href="https://intercom.help/blockpit/en/articles/12137190-what-do-tips-mismatched-balance-missing-history-etc-mean-and-how-to-solve-them">Blockpit Help Center</a>.</div></div>

Keep your crypto portfolio tax-ready

Blockpit helps you detect inconsistencies in your data early. Tips clearly show where transactions are incomplete or unclear—and guide you step by step on how to fix them.

Need help? Ask Lia, our in-app assistant trained on the Blockpit Help Center and tax guides. She can answer your questions and connect you with a support agent if needed.