improved

Q1 2025

6 days ago by Jackie Duong

/transfer-lots/transactions/{transaction_id} Return Cost Basis Transfer-Lots for Withdrawals
- Returns transfer lots and cost basis associated with the withdraw (transfer-out) transaction, if they exist.
/accounts/{id}/tax-documents Get Released Tax Documents improvement
- Includes a new optional query parameter include_historical
  - This field allows you to retrieve all revisions of a user's released tax forms, potentially returning multiple revision numbers for each form type and year. If not passed, only the latest released tax document for each type and year will be included in the response.
- Includes a new response type per form revision_type that can be ORIGINAL CORRECTION VOID

improved

Q4 2024

6 days ago by Jackie Duong

/transactions Disposition Method
Optional field dispositionMethod that will override any Account or Filer level Disposition Methods set. Relevant to Digital Asset transactions. Guide written here.
New Webhook: Tax Form Status Update
Added new webhook event that indicates a form's status change.

improved

3 months ago by Meghan Nasta

/tax-documents Update
Now uses your system's unique account identifier instead of the TaxBit internal ID.
/form-items Support Expansion
Added support for 1099-MISC, 1099-NEC, and 1099-K form stamping
/accounts Object Update
Introduced the secondary_account_owner_ids array for associating additional/joint account owners with an account.
/inventory and /gains Update
Now uses your system's unique account identifier instead of the TaxBit internal ID.
/accounts/{id}/income Endpoint
Added an endpoint to aggregate income transaction data for a specified time period.
LIFO Support on Account Creation
Updated the account data model to support setting LIFO as the disposition method during account creation.
Global Data Support
Expanded the /account-owner endpoint to handle global values such as VAT
Inventory Object Updates
Added went_negative and missing_cost_basis to the /inventory object, indicating negative inventory or missing cost basis on dispositions.
Tax Documentation Endpoints
Expanded /tax-documentation/document to be available via both tenant and account owner OAuth tokens.
Real-Time TIN Match API
Released a real-time TIN match API (/validation/us-tin) for immediate IRS validation of TINs and names.
Webhook Platform
Launched a new webhook platform, enabling real-time event updates for Enterprise Tax customers without the need for polling APIs.

improved

7 months ago by Meghan Nasta

Counterparty Account ID Support in /transactions
Added metadata, counterparty_account_id, to the transaction data model to determine the counterparty/joint a of a given transaction
/oauth/account-owner-token Endpoint Update
Now supports retrieving tokens using either your system’s account owner ID or TaxBit's account owner ID.
Transfer Lots API Endpoint
Added support for creating user-provided cost-basis information for transfers when crypto is moved between exchanges. End-users can input cost basis and acquisition dates for transfer-in transactions and the information can be sent through this API endpoint. Downstream APIs will be tagged if affected by user-entered cost basis.

improved

10 months ago by Meghan Nasta

New /account-owners Endpoints
Simplified PII storage at the account owner level, improving integration when an owner is linked to multiple accounts.
- Deprecated the term "Users" in favor of "Accounts" to reduce confusion.
- Deprecated the /v1/tenants/{tenant-id}/users and /v1/tenants/{tenant-id}/account-owners endpoints, with continued support for existing customers.
- Introduced a new /v1/account-owners/{id}/us-tin-validation-status endpoint for TIN validation status retrieval.
New /transactions Endpoints
Uses your system's account IDs for the new /transactions endpoints. Deprecated TaxBit internal ID-based endpoints remain supported but will not receive new functionality.
Updated TIN Status Enum
Added new TIN statuses to reflect the latest changes.
DAC-7 Tax Documents
Added DAC-7 support as a tax document type in the /get-released-tax-documents endpoint.
Transaction Data Model v2
Released Transaction Data Model v2 to support providing your system's identifiers. The v1 model is deprecated but still supported on old /transactions endpoints.