![]() The APIs also enable you to transfer your tax forms directly from CoinLedger to the tax filing software through which you’ll submit them to the government. It’s what allows CoinLedger to import your transactions directly from an exchange or wallet instead of you manually inputting them. These integrations are powered by application programming interfaces (APIs), which lets software tools communicate directly with each other. CoinLedger IntegrationsĬoinLedger has integrations with many centralized and decentralized exchanges, wallets, and tax software. This package is best suited for day or full-time traders with numerous transactions that add up to immense figures. The Unlimited tier costs $299 per year and has no limit on the number of transactions you can import or manually input. It’s ideal for users who transact in considerable volumes, e.g., freelancers who receive and send payments via cryptocurrency. As the name suggests, it’s suitable for people who transact with crypto habitually but not in high volumes.Ĭosting $159 annually, the High Volume tier supports up to 5,000 transactions. The Day Trader tier costs $99 per year and has a limit of 1,500 transactions. ![]() This limit is quite low, making this plan suitable for crypto users that only transact with it rarely. The Hobbyist tier costs $49 annually and allows you to import or manually upload/input a maximum of 100 transactions. The four pricing tiers only differ in their transaction limits otherwise, they offer the same features. CoinLedger Pricing and Plans PlanįIFO, LIFO, HIFO, tax loss harvesting, portfolio tracking, long- and short-term gains You can also preview your tax forms with a free account, but you’ll need to select and pay for a plan to download any reports. Yes, you can sign up on CoinLedger for free and import your transaction history, view your capital gains and losses, and track your crypto portfolio. This feature eliminates a lot of tax reporting headaches for the millions of people that transact via this particular blockchain. ![]() You just need your public Polygon wallet address to import your transactions at the click of a button. With their transaction history available, they can automatically generate tax forms to report their capital gains, losses, and income. In July 2022, CoinLedger added integration with Polygon, a decentralized blockchain platform that runs alongside the Ethereum network.īecause of the integration, users that interact with the Polygon network through decentralized applications (DApps) and wallets can import their transaction history to CoinLedger. If you file your taxes through an alternative platform or use a CPA, you can download the forms to use them anywhere. Otherwise, you can input the transaction data manually, and it’ll also generate the forms automatically.Īfter generating your tax forms, you can send them directly to TurboTax, TaxACT, TaxSlayer, or H&R Block and submit them to the appropriate authorities. Still, if it’s not integrated with the one you use, you can download your transactions as a CSV file and upload it to CoinLedger to generate the required forms. Afterward, users can generate detailed tax reports using the uploaded information and export data to their preferred tax filing software.ĬoinLedger has integrations with almost every mainstream crypto exchange and wallet. Otherwise, they can upload their transactions as a CSV file or input them manually. The platform has integrations with various crypto exchanges that enable users to import their transaction history directly. They built CoinLedger after finding it difficult to find tools to help them automate their crypto tax reporting. Its three co-founders previously worked on automated trading systems to take advantage of price arbitrage on various crypto exchanges. CoinLedger Overview PricingĬoinbase,, FTX, OpenSea, 400+ moreīitcoin, Ethereum, Litecoin, Polygon, and Binance Smart ChainĬoinLedger was founded in 2018 under a different name, CryptoTrader.Tax. This platform sets itself apart from the competition by providing tools for tax professionals to view and edit tax reports on their client’s behalf. Afterward, you can download the reports to provide your CPA, or export them to your preferred tax filing software. It then automatically classifies your transactions into their appropriate tax treatment. Crypto users often find it challenging to calculate the taxes they’re meant to pay, which is why many companies have developed software to help, such as CoinLedger.ĬoinLedger can import your crypto transactions from an exchange like Coinbase or a wallet like MetaMask. Cryptocurrency isn’t fiat, but many governments consider it as an asset subject to taxes.
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