Link a bank account
You need to link one of your bank accounts to start using Lunafi. You can add a bank during onboarding or on the Accounts tab.
Your checking accounts and credit cards' transaction history are imported to Lunafi without any access to sensitive data like account numbers or online banking credentials.
Here is more info on Security.
Start classfying your transactions
You can access all transactions from all your linked accounts on the Transactions tab. Mark your spendings as
Personal. Mark your earnings as
If you don't want to classify a transaction as Spending or Income, you can exclude it on the Transaction Detail screen.
See your real-time Estimated Tax Owed Breakdown & Tax Savings
As you classify your earnings as freelance business income and your spendings as Business expenses, we calculate estimated tax you are likely to pay for your freelance business.
To see more accurate estimations, make sure you correctly categorize your income as 1099 for all of your freelance business.
Create a Rule
You don't have to classify every single transaction manually. Create a rule for income you earn from your regular clients or your monthly subscriptions. Upcoming transactions will be classified automatically.
Not every transaction can be counted as an income or business expense. Lunafi automatically excludes:
If you still want to review them, you can use filters on the Transactions tab.
payments & refunds to your credit cards
transfers to Keep the Change programs & saving accounts.
transfers to invesments tools.
Complete your Tax Profile
Lunafi needs your contribution to calculate your federal income tax as accurately as possible.
Answer all of the Tax Profile questions so that all your income that you can not manage in Lunafi and deductions are taken into account when Estimated Tax Owed is calculated.
If you are working from home, enter your home's total area and the part you use as your home office. Your Estimated Tax Savings for home office will be calculated correctly according to the
If you drive for work, you can enter your total mileage and the mileage you drove for work from previous years. These numbers will be used to calculate your Estimated Tax Savings for Auto expenses according to the
Actual Car expenses method.