CoinLedger

For crypto investors filing in the US, the gap between “I traded crypto this year” and “I have a completed tax return” usually runs through TurboTax. CoinLedger was built around closing that specific gap — calculating gains across exchanges and wallets, then handing the result directly to TurboTax with a single import rather than a manual re-entry process.

This review covers how CoinLedger calculates your tax position, its TurboTax integration, pricing across transaction volumes, and how it compares to Koinly for non-US filers.

How CoinLedger Calculates Your Crypto Taxes

CoinLedger imports transaction history from exchanges and wallets via API or CSV, then:

1. Identifies internal transfers between your own accounts so they aren’t mistakenly counted as taxable disposals
2. Calculates capital gains and losses on every sale, trade, or disposal using your selected cost-basis method
3. Classifies income events — staking rewards, mining, airdrops — separately, since US tax law treats these as ordinary income at receipt, with a new cost basis set for future capital gains calculations
4. Generates IRS Form 8949 and Schedule D, ready for filing or direct TurboTax import

TurboTax Integration

This is CoinLedger’s standout feature relative to competitors. Once your report is generated, CoinLedger produces a file formatted specifically for TurboTax Online or Desktop, importing your full Form 8949 capital gains data with one click — no manual transcription of hundreds of individual transactions. For US filers who already use TurboTax for the rest of their return, this integration alone often justifies the platform choice over a competitor with marginally better DeFi coverage.

Tax-Loss Harvesting

CoinLedger includes a built-in tax-loss harvesting tool that scans your current holdings for unrealized losses — positions currently worth less than your cost basis. Realizing these losses before year-end offsets capital gains elsewhere in your portfolio, directly reducing what you owe. Notably, the IRS has not (as of 2026) extended the stock market’s wash-sale rule to cryptocurrency, meaning you can sell a losing position to harvest the loss and immediately buy back in — a strategy not available to stock investors, who must wait 30 days to avoid wash-sale disallowance.

CoinLedger Pricing Breakdown

Hobbyist — $49/tax year Up to 100 transactions. All standard tax forms.

Investor — $99/tax year Up to 1,000 transactions. Adds DeFi and NFT support.

Pro — $199/tax year Up to 3,000 transactions. Priority support.

Unlimited — $299/tax year No transaction cap. Built for high-frequency traders and bot operators.

Unlike Koinly, there’s no free tier — you select a plan and pay before seeing your final downloadable report, though CoinLedger does let you preview estimated totals during setup.

CoinLedger vs. Koinly

The two platforms are close competitors solving the same core problem. Koinly’s advantage is breadth: more supported countries with fully localized forms, and generally wider DeFi protocol coverage. CoinLedger’s advantage is depth on the US experience specifically — the TurboTax integration is more polished, and the overall workflow feels purpose-built for the most common US filing scenario rather than a generalized international tool.

If you file exclusively in the US and use TurboTax, CoinLedger’s integration is the more direct path. If you file outside the US, or run heavy DeFi positions across many protocols, Koinly’s broader coverage is the safer bet.

Who Should Use CoinLedger

US filers using TurboTax get the most direct value from CoinLedger’s one-click import, skipping manual data entry entirely.

High-frequency traders and bot operators benefit from the Unlimited plan’s uncapped transaction support at a flat $299/year regardless of volume.

Investors using the tax-loss harvesting tool can meaningfully reduce their tax bill by identifying unrealized losses before year-end, particularly valuable in volatile crypto markets.

Who Should Consider Alternatives

International filers outside the US, UK, Canada, and Australia should choose Koinly for its broader country coverage and localized forms.

Heavy DeFi users on smaller or newer protocols may find Koinly’s wider integration list catches more transaction types automatically.

Budget-conscious filers wanting to preview their liability for free before committing should start with Koinly’s no-cost preview tier.

Expert Verdict

CoinLedger executes its narrower US-focused mission well: clean transaction import, accurate gain/loss calculation, useful tax-loss harvesting, and the smoothest TurboTax handoff in the category. The lack of a free preview tier and narrower international support are the main trade-offs against Koinly.

For US-based filers who want the shortest path from crypto activity to a filed TurboTax return, CoinLedger is the more direct tool.

Overall rating: 4.3 / 5

International Pricing Notes

CoinLedger bills in USD globally. As of 2026:

• United Kingdom: Investor plan converts to approximately £79/tax year
• Canada: Investor plan converts to approximately CAD 135/tax year
• Australia: Investor plan converts to approximately AUD 149/tax year

CoinLedger does not currently offer regional currency billing — all charges process in USD regardless of country, so cardholders should account for foreign transaction fees their bank may apply.