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About

CoinLedger (formerly CryptoTrader.Tax) takes away the pain of preparing your bitcoin and crypto taxes. Simply connect your exchanges, import trades, and download your tax report in minutes. Import your trades using the API import tool or upload your trade history file. CoinLedger integrates with all major exchanges to make this process quick and painless. Add your sources of cryptocurrency income from the tax year. CoinLedger calculates your gains from mining, staking, gifts, airdrops, and forks. CoinLedger calculates your tax liability using the same methods tax professionals use. Rest assured that you are paying the correct amount and minimizing your crypto tax liability. Download your completed IRS forms to file yourself, send to your accountant, or import into software like TurboTax and TaxAct. Partnered with the largest tax preparation platform to make it easy for you to E-File your crypto gains and losses with your full tax return.

About

A solution that scales with your cryptocurrency accounting and tax needs. Cryptoworth has infrastructure-level solutions to provide the most demanding services such as transaction reconciliation, cost-based analysis, tax, tracing, transaction auditing and many more. Cryptoworth helps users to generate reports quickly. Calculate your cost basis, capital gains, unrealized gains. Export the data to PDFs and CSVs with a click of a button. We will help you to keep up with the constant changing crypto ecosystem and deliver the most accurate results. The digital asset market is rapidly expanding both in size and usage. This report contains Cryptoworth’s analysis and an insight into digital assets, classifications, how they should be treated during disclosures and ways to determine asset value.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Cryptocurrency investors or accountants looking for a tax solution

Audience

Crypto Accountants, Web3 CFOs and Financial Controllers

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$49 per tax season
Free Version
Free Trial

Pricing

259
Free Version
Free Trial

Reviews/Ratings

Overall 4.9 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.6 / 5
support 5.0 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • I really liked how easy and how fast it was to import my transactions to CoinLedger. I imported transactions via API and via CVS file upload and both were very smooth. I also really liked their customer support. This was my first attempt to tackle crypto taxes, so I had a ton of questions and concerns which were answered quickly making the whole process much less stressful and allowing me to meet my extension deadline. I also really liked that you could view your gains/losses with each of the different accounting methods allowed. Made decisions on how to proceed very easy.
  • When I had some questions I simply wrote CoinLedger. Upon doing so I received quick replies with detailed help/instructions.
  • Crypto-tax is not easy but this service is super-helpful. And would have been very easy if all my exchanges were ones listed with CoinLedger. I made a mistake in my data entry and the support offered to trouble-shoot for me was prompt and second to none. I happily recommend.
  • -FANTASTIC customer service -Most exchanges supported -Very reasonable price -Easy API imports -Easy upgrades/cancellations
  • This firm produce superb support services for their clients, even though they are not 24 hours they do correspond promptly within a convenient timeframe. I am an emotive businessman so prioritizing customer service is a must for myself and CoinLedger fulfills that satisfaction.

Cons

  • The couple things I didn’t like I was told will be fixed in the app update Nov.2021, so really it becomes a moot point. I will mention them anyway though in order to give a fair and accurate review. I had crypto gifts, and I found it a little hard to figure out what the cost basis would be for the person receiving the gift. Not only did customer service offer me a work around, they also informed me that will be taken care of the the app update coming next month. The other thing that I was told will also be upgraded is the availability to connect Meta Mask and Dex’s.
  • There are no cons with which I am familiar with CoinLedger.
  • There was a pop up just before I finalised, saying tax wasn't due for this year (it was), which was (and still is) confusing. However, the support team quickly addressed my query on the matter and advised simply to proceed, which went smoothly.
  • -No Kraken margin trade support yet. There are some things I'd like to be able to adjust manually that I can't, but that seems to be a limitation on other comparable services as well
  • A mobile application should be considered for maximum utilization.

Pros & Cons from Real Users

Pros

  • - ability to sync many wallets from exchanges - create 8949 capital gain / loss form without issue - simple dashboard that is easy to navigate - ability to net out profits and suggest tax savings

Cons

  • - nothing I can think of, simple and intuitive platform to use

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

CoinLedger
Founded: 2017
United States
coinledger.io

Company Information

Cryptoworth
Founded: 2017
Canada
cryptoworth.com

Alternatives

Alternatives

Breezing

Breezing

Breezing SA

Categories

Categories

Crypto Tax Features

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Crypto Tax Features

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Integrations

Binance
Coinbase
Exodus
MetaMask
Trust Wallet
Aave
BigONE
BitForex
BitGo
CEX.IO
CoinSwitch Kuber
Independent Reserve
Liquid
MakerDAO
Nominex
OMGFIN
Polyx
Synthetix

Integrations

Binance
Coinbase
Exodus
MetaMask
Trust Wallet
Aave
BigONE
BitForex
BitGo
CEX.IO
CoinSwitch Kuber
Independent Reserve
Liquid
MakerDAO
Nominex
OMGFIN
Polyx
Synthetix
Claim CoinLedger and update features and information
Claim CoinLedger and update features and information
Claim Cryptoworth and update features and information
Claim Cryptoworth and update features and information