Return of Capital
Dividends aren't always pure income. Some distributions include a Return of Capital (RoC) component - a portion that reduces your cost basis rather than counting as taxable income. This distinction matters for accurate tax reporting and true performance measurement.
Capitally now lets you split any dividend into its taxable and RoC portions. When you record a Return of Capital amount on a dividend, it automatically adjusts your cost basis downward and is properly reflected in your transaction value metrics.
Learn more in our Recording Corporate Events guide.
Spinoffs
When a company spins off a division into a separate publicly traded entity, you need to allocate your original cost basis between the parent and the new company. Getting this wrong can lead to incorrect gain/loss calculations down the road.
Capitally now supports Spinoffs in the Convert / Move / Spinoff transaction. Record the spinoff by setting the source quantity to 0, and Capitally handles the cost basis split between both positions automatically. Residual cache you received from fractional shares can be included as well.
And more!
- Tax loss harvesting quantity - The Harvestable tax column now shows exactly how many shares you'd need to sell to harvest a specific tax benefit
- Taxonomy management - Add, delete and rename taxonomies directly from the portfolio table.
- Many quality improvements and bug fixes.
New tax preset
We've added a ready-to-use tax preset for 🇨🇿 Czech Republic.
New and updated import presets
We've added 8 new broker imports: CMC Invest, Fineco, Allianz PPK, TSP (Thrift Savings Plan), Pershing NetXInvestor, F-Trust, Commsec, and NN.
We've also improved imports for Schwab, Interactive Brokers, Vanguard, Robinhood, mBank eMakler, TastyTrade, DIF, Finax, PKO BP, Exante, Degiro, Swissquote, and Snowball with better transaction type coverage and bug fixes.