I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
ZenLedger is a valuable tool that helps cryptocurrency enthusiasts to manage their crypto taxes. It also enables investors to keep a record of all their cryptocurrency investments in one place.
This tax tool supports major exchanges like Coinbase, Binance, Gemini, Kucoin, Bittrex, to name a few. You can easily import crypto data and generate tax forms and other financial reports.
Our Partner
Crypto Tax Software
AT A GLANCE
- Supports over 400+ exchanges
- Tax-loss harvesting tool
- TurboTax integration
- Security and encryption
Best for Tax Professionals
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Pros & Cons
Pros
Cons
Are you tired of trying to figure out how much you owe the IRS after cashing out a cryptocurrency haul?
You’re not alone. Most investors find it exhausting to keep track of their digital assets and calculate the required crypto taxes.
Luckily, there are several cryptocurrency tax software that can help you fulfill your tax-paying obligations. ZenLedger is among the top bitcoin tax tools you can use.
ZenLedger is a complete solution for crypto accounting. It allows you to simplify and automate your crypto tax filing from a one-click interface. Whether you’re a trader, miner, or Hodler, ZenLedger can auto-generate your tax forms.
Learn more about this tax tool in our ZenLedger review.
Quick Summary
Service: Crypto Tax Software
Pricing: Free - $399/yr
Promotion: Save 20% when you purchase multiple years
About ZenLedger
ZenLedger is a crypto tax calculation tool that was launched in 2017 by Pat Larsen and Bryan Starbuck. Its' mission is to ensure you keep track of your bitcoin tax obligations.
This tax platform integrates with crypto exchanges, imports transactions, then generates localized tax forms like Schedule D, FBAR, and 8949. Everything is automated—you don’t need to manually input transactions from exchanges.
ZenLedger helps you save time and money by streamlining your crypto tax obligations. It brings a fresh perspective to accounting automation and DeFi.
This crypto tax platform supports popular fiat and digital currencies. It’s compatible with the Yen, Euro, Sterling Pound, Dollar, Bitcoin, Litecoin, Ethereum, to name a few.
Read on to find more features of this tax tool in our ZenLedger review.
Features
As a top crypto tax platform, ZenLedger comes with exciting features. Below are standout features.
Tax-Loss Harvesting
ZenLedger’s tax-loss harvesting tool helps you to save money on crypto taxes. This feature automatically analyzes your trading history and identifies cryptos you hold at a loss.
You can strategically sell such assets to lower your capital gains and the accompanying taxes.
Grand Unified Accounting
ZenLedger brings all the accounting and bookkeeping processes on a single platform. The grand unified accounting system allows you to see all your crypto transactions across different exchanges and wallets.
It also shows your tax liabilities based on your trades.
TurboTax Integration
The unique integration with the TurboTax platform enables you to export crypto tax data directly to TurboTax.
You can quickly generate reports like Form 8949 in Zenledger, then download them as zip files. Afterward, upload these files into your TurboTax account.
This process saves time and ensures all information will be available in one convenient place when you prepare your returns.
Pricing & Plans
Our ZenLedger review also looks at pricing and plans.
This tax platform has different price tiers to suit all types of crypto investors. Whether you’re a beginner or an experienced trader, you’ll find a package that meets your crypto tax needs.
If you’re unsure of the best plan, you can always contact ZenLedger with your specific requirements.
Free Plan - $0 Per Year
You don’t require any cash to subscribe to the free package. If you opt for this plan, you can:
- Import up to 25 crypto transactions per year
- Generate all detailed tax reports
- Work with unlimited exchanges
- Import bitcoin tax reports into TurboTax
- Get premium customer support
- Use the tax-loss harvesting feature
The free plan has some limitations. It doesn’t support margin trading, DeFi, and staking.
Starter Plan - $49 Per Year
ZenLedger’s starter plan costs $49 annually. This package is almost similar to the free account. The only upgrade is the number of transactions you can make. Subscribers of this plan can import up to 100 crypto transactions per month.
Premium Plan - $149 Per Year
This plan gives you everything in the Free and Starter packages plus some added benefits. It will cost you $149 per year.
Some of its outstanding features include:
- Up to 5000 transactions per year
- Supports staking, margin trading, and DeFi
Executive Plan
The Executive package costs $399 per year. It includes unlimited transactions for tax calculation, margin trading, staking, and Defi use cases. If you are a heavy trader, making hundreds of thousands of trades annually, this may be the best option for you.
Prepared Plans
ZenLedger’s certified tax professionals can help you prepare all your taxes, including non-crypto taxes. This package has three tiers, silver, gold, and diamond.
Silver
The silver plan costs $750 per year. With this package, you get:
- Up to 250 transactions
- One state tax return
- Up to three hours return preparation time
Gold
Gold users have to pay $1250 per year. Features of this plan include:
- Up to 500 transactions
- One state tax return
- Up to three hours return preparation time
Diamond
The diamond package costs $2500 per year. Subscribers enjoy:
- Over 5000 transactions
- Two state tax returns
- Up to seven hours return preparation time
FAQ's
Yes, ZenLedger is legitimate and safe to use. This tax tool uses SSL encryption to protect data. Users can also turn on the 2FA layer of protection and email notifications on login to protect their accounts.
Our ZenLedger review didn’t find any data breaches associated with this bitcoin tax tool.
Currently, ZenLedger generates localized tax documents for USA traders. Downloadable tax documents have been tailor-made for the USA. Users from other jurisdictions can generate their crypto taxes if their countries support the HIFO, LIFO, or FIFO methods.
Yes. ZenLedger is suitable for crypto beginners and anyone unfamiliar with cryptocurrency taxes. The free plan has enough features for generating localized tax reports. The customer support is also excellent.
ZenLedger can help you generate the following reports.
- IRS Form 8949
- Schedule 1
- Schedule D
- Fincen 114
- Tax-loss harvesting reports
- Capital gains reports
- Income reports
- Closing reports
- Donation reports
Is ZenLedger Legit and Safe to Use?
Yes, ZenLedger is legitimate and safe to use. This tax tool uses SSL encryption to protect data. Users can also turn on the 2FA layer of protection and email notifications on login to protect their accounts.
Our ZenLedger review didn’t find any data breaches associated with this bitcoin tax tool.
Which Countries Does ZenLedger Calculate Taxes For?
Currently, ZenLedger generates localized tax documents for USA traders. Downloadable tax documents have been tailor-made for the USA. Users from other jurisdictions can generate their crypto taxes if their countries support the HIFO, LIFO, or FIFO methods.
Is ZenLedger Suitable for Beginners?
Yes. ZenLedger is suitable for crypto beginners and anyone unfamiliar with cryptocurrency taxes. The free plan has enough features for generating localized tax reports. The customer support is also excellent.
What Tax Reports Can You Make with ZenLedger?
ZenLedger can help you generate the following reports.
IRS Form 8949
Schedule 1
Schedule D
Fincen 114
Tax-loss harvesting reports
Capital gains reports
Income reports
Closing reports
Donation reports
ZenLedger Alternatives
Koinly
- Tax reports in under 20 minutes
- Available in 20+ countries
- Easily import your trades
CryptoTrader Tax
- Official TurboTax partner
- International tax reporting
- Import historical data
Coinpanda
- Reduce your taxes
- 350+ exchanges and wallets
- Support for 65+ countries
Who Should Use ZenLedger?
ZenLedger is ideal for anyone seeking to manage their Bitcoin taxes. Anyone, including Hodlers, miners, traders, accountants, and tax professionals, can use this platform to calculate crypto taxes.
With that said, this tax tool is tailored to help users manage DeFi assets. It offers advanced DeFi integration and allows DeFi users to meet their tax obligations in an automated way.
You don’t have to be a crypto enthusiast to use this platform. ZenLedger can link you with tax professionals (enrolled agents, CPAs, or tax attorneys) who can handle all your taxes.
Besides tax calculations, you can use this software to track your crypto trades and profits.
Final Verdict
Although the cryptocurrency ecosystem continues to thrive, crypto taxes remain a complex process. That’s why many crypto enthusiasts turn to automated tax software like ZenLedger to calculate their bitcoin taxes.
When it comes to cryptocurrency taxes, ZenLedger stands its ground. The platform has a free package, supports multiple exchanges, offers advanced DeFi integration, and supports TurboTax. Create a ZenLedger account today to enjoy these features.
ZenLedger
ZenLedger is one of the best crypto tax software. It supports 400+ exchanges like Coinbase and Binance, tracks your gains, and automatically creates your tax forms.
I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
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