Description
CoinLedger is a comprehensive crypto tax software solution that simplifies the complex process of calculating and filing cryptocurrency taxes.
How It Works
- Import Transactions — Connect your wallets and exchanges or paste a wallet address. CoinLedger supports 100+ platforms including Coinbase, Binance, Kraken, MetaMask, Uniswap, and Solana.
- Preview Your Report — The platform automatically calculates capital gains, losses, and income for all transaction types — trading, staking, NFTs, DeFi, and more.
- Generate Tax Forms — Download ready-to-file tax reports including Form 8949, or export directly to TurboTax, TaxAct, and other tax filing software.
Key Features
- Multi-Exchange & Wallet Support — Import from 100+ centralized exchanges, DeFi protocols, and blockchains
- NFT Tax Support — Automatically classify and calculate taxes on NFT trades
- DeFi Tax Software — Handle complex on-chain transactions across Ethereum, Solana, and other networks
- Free Portfolio Tracking — Track price, cost basis, market value, and unrealized returns
- TurboTax Partner — Direct integration with TurboTax for seamless filing
- International Reporting — Generate reports for USA, Canada, Australia, UK, Germany, and 10+ other countries
- Tax-Loss Harvesting — Identify crypto losses to reduce your tax bill
- White Glove Service — Done-for-you option with expert support
Used by over 700,000 investors and featured in The New York Times, Forbes, Bloomberg, and CoinDesk.
Highlights
Pros
- Integrates with 350+ exchanges and 181 DeFi platforms for automatic import of transaction history across wallets and protocols
- Supports tax reporting for USA, Canada, Australia, UK, Germany, and other countries with localized tax rules and forms
- Directly integrates with TurboTax (both Online and Desktop), TaxACT, H&R Block, and TaxSlayer for one-click filing
- Automatically identifies and categorizes taxable events including trades, staking rewards, NFT sales, and airdrops while flagging non-taxable wallet transfers
- Missing Cost Basis Troubleshooter automatically scans and matches on-chain transactions to prevent overreported capital gains
Cons
- Uncategorized transactions may occasionally slip through the automated system, requiring users to manually review and edit entries
- UK-specific tax reporting is notably absent despite supporting many other major tax jurisdictions
- Only accepts fiat payments via debit/credit cards and Stripe, with no option to pay using cryptocurrency
- Some complex or unusual transactions may require manual corrections to ensure accurate categorization and cost basis