Review
CoinLedger
Simplest Bitcoin tax reporting experience
Our Verdict
CoinLedger (formerly CryptoTrader.Tax) offers the cleanest tax reporting experience we tested. Import transactions, review the calculations, and generate IRS-ready forms in minutes. The interface is genuinely easy to navigate - no accounting knowledge needed. Pricing is reasonable with a clear per-year model. Loses points on advanced DeFi coverage, but for Bitcoin-focused holders it handles everything you need.
What we like
- Cleanest, most intuitive interface of any tax tool we tested
- Clear per-tax-year pricing ($49-$199 depending on transactions)
- Direct TurboTax, H&R Block, and TaxAct integration
- Supports FIFO, LIFO, HIFO, and specific identification
- Free preview of your tax liability before paying
- Strong customer support with live chat
What could be better
- Fewer exchange integrations than Koinly (300+ vs 700+)
- DeFi and on-chain tracking less sophisticated
- No free tier - only a free preview
- Portfolio tracking is basic compared to CoinTracker
How We Scored This
Community score compiled from Reddit threads, expert reviews, and app store ratings.
Consistently recommended for ease of use. Users praise the simple import process and clear tax reports.
Former CryptoTrader.Tax users report smooth transition after rebrand. Multiple users call it "the least painful" tax tool.
Highlighted as best for beginners. Praised for step-by-step workflow and clear explanations of tax implications.
4.5/5 average with 2,000+ reviews. Common praise: easy to use, fast support, accurate calculations.
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