🇧🇪 - Deposit Labels | Waltio Help Center 😃 🇬🇧

Hello 👋,

Deposits usually increase the value of your portfolio.

The choice of the label have an impact on the calculation of your capital gains or losses. So, please do not use labels if you are unsure of their different impacts.

💡 Not all deposit have to be labeled, only the following one should be labeled in Waltio :

Salary
Cashback
CFD gains
Masternodes, staking and farming gains
Other gains
Donation received

👉 To label a transaction in our tool, follow this tutorial.

Here is a table explaining the deposit labels available to Belgian users and their tax consequences

Deposit Labels

Labels (*Mandatory)	Impact your crypto inventory	Taxable operation
Cashback*	✅ Increase	✅ Yes - Income from capital
Airdrop	✅ Increase	❌ No
Masternodes, staking, farming gain*	✅ Increase	✅ Yes - Income from capital
CFD gain*	✅ Increase	✅ Yes - Income from capital
Salary*	✅ Increase	✅ Yes - Miscellaneous income
Received donation	✅ Increase	❌ No
Other gain*	✅ Increase	✅ Oui - Income from capital
Collateral Reimbursement	❌ No	❌ No
Unstaking	❌ No	❌ No

💡 Here are two examples to understand:

1️⃣ - You receive an airdrop in cryptocurrency. On the deposit transaction, you apply the label "Airdrop". This deposit will increase the amount of your cryptos in stock and will not be taxable.

2️⃣ - You receive 0.2 ETH as a reward for your staking. On the deposit transaction, you apply the label "Gains from masternodes, staking, farming, CFD". This deposit will increase the amount of cryptos you have in stock and it will be a taxable transaction (taxable as income from capital at 30%).

If you have any further questions, please feel free to contact us via the Chatbot just at the bottom right of your screen! 💬

The Waltio team