
Key Takeaways
- CoinLedger offers a TurboTax integration along with a beginner-friendly interface and more than 800 crypto platform integrations, with prices ranging from $49-199.
- TurboTax has limited crypto support with only 10+ exchange integrations. That’s why investors choose to use crypto tax software to generate a complete record of gains and losses.
Summary: What's the best tax software for crypto investors?
Here's why CoinLedger is the best choice for TurboTax users.
Easy-to-use interface: CoinLedger's user interface is designed to be beginner-friendly. CoinLedger is praised in third-party reviews for being easy to use, even for investors who've never filed their crypto taxes before.
Error reconciliation tools: CoinLedger has advanced error reconciliation tools, alerting you to missing data in your tax report before you file with the IRS and preventing you from overpaying on taxes.
DeFi coverage: CoinLedger allows you to automatically import transactions from hundreds of DeFi protocols, allowing you to calculate your gains and losses in minutes.
Want to see if CoinLedger is right for you? Get started with the platform for free and import up to 800+ wallets and exchanges. There's no need to pay until you want to download your tax report.
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Top 5 Crypto Tax Software for TurboTax
1. CoinLedger: Best Overall
CoinLedger is the most comprehensive crypto tax software and portfolio tracker on the market with a beginner-friendly interface. CoinLedger allows you to import from over 800 wallets and exchanges, calculates your gains, losses, and income and generates complete tax forms in minutes. When you’re done, you can export to TurboTax and other tax filing platforms!
Prices: Free to start, $49-199 for tax reports
Pros:
- Seamless TurboTax integration with PDF and CSV file formats
- Clean, intuitive interface that's easy for beginners
- Cheap prices (cheapest tax report at $49)
- Support for complex transactions like DeFi, NFTs, staking, and margin trading
- Generates IRS-ready forms (Form 8949, Schedule D, and more)
- Customer support for all customers (including free users)
- Customized help available from CoinLedger experts
Cons:
- Does not accept crypto for payment
2. Koinly
Koinly is a popular choice for crypto investors based outside of the United States. The platform supports tax reports for over 20 countries and TurboTax exports, but it's faced criticism for its weak error reconciliation tools.
Prices: $49-199
Pros:
- Dedicated TurboTax Online and Desktop report formats
- Strong DeFi and NFT support
- International tax reporting for 20+ countries
- Accepts cryptocurrency as payment
Cons:
- Some customers have reported issues with exchange integrations
- Lacks strong error reconciliation tools
3. ZenLedger
ZenLedger is a crypto tax software used by more than 100,000 investors. The platform integrates directly with TurboTax and offers full-service tax filing options, but it has been criticized for its difficult-to-use user interfaace,
Prices: Free basic plan, $49-399
Pros:
- Direct TurboTax integration
- Supports 400+ exchanges and DeFi protocols
- Full-service tax professional option available
Cons:
- Expensive for high-volume traders (unlimited transactions require top-tier plan)
- Clunky user interface
4. CoinTracker
CoinTracker offers automated portfolio tracking and tax reporting. However, the platform's premium features, including tax-loss harvesting, are locked behind expensive paid plans, making it less affordable for casual investors.
Prices: Free basic plan, $59-599 for tax reports
Pros:
- Direct TurboTax and H&R Block export
- Supports 10,000+ cryptocurrencies
- Real-time portfolio tracking
- 500+ exchange and wallet integrations
Cons:
- Expensive premium plans ($599 for Ultra plan)
- Limited customer support (priority support only on Ultra plan)
- Tax-loss harvesting requires Prime plan ($199+)
5. CoinTracking.info
CoinTracking.info is one of the oldest platforms in the crypto tax space, offering detailed analytics and tax reports. However, some users are unhappy with the platform's outdated navigation.
Prices: Free plan available, $49-239 for tax reports
Pros:
- Extremely detailed analytics and reporting
- Supports 300+ exchanges and blockchains
- Full-service option available
- International tax support for 120+ countries
Cons:
- Complex, outdated user interface
- Steep learning curve for beginners
- Higher prices for high transaction volumes
- Limited native TurboTax integration (requires manual CSV formatting)
Why do I need crypto tax software for TurboTax?
While TurboTax is a world-class tax platform, its support for cryptocurrency platforms is relatively limited.
TurboTax supports about 10+ crypto exchanges through direct API connections and CSV uploads. In addition, there is no support for decentralized activity.
Crypto tax software solves these problems. Platforms like CoinLedger import transactions from 600+ exchanges and wallets, automatically match transfers between your own accounts, calculate accurate cost basis using methods like FIFO, LIFO, and HIFO, and generate TurboTax-ready files you can upload in seconds.
Can't I just use my Form 1099-DA?
As of 2026, cryptocurrency exchanges are required to issue Form 1099-DA to customers and the IRS.
It’s important to remember that in some cases, Form 1099-DA comes with incomplete cost basis data.
In this case, Sean should have $5,000 of capital gains. However, Exchange B has no record of his original cost basis for acquiring cryptocurrency. As a result, his Form 1099-DA will likely show $15,000 of proceeds with no cost basis.
If Sean doesn’t report his original transaction, he could be on the hook for $15,000 of capital gains.
Crypto tax software fixes this by tracking your entire transaction history across all platforms. It matches your incoming and outgoing transfers, calculates your true cost basis, and generates accurate reports that reflect your real gains and losses.
What should I look for in crypto tax software?
TurboTax integration and file formats
Your crypto tax software needs to generate files that TurboTax can import. Look for platforms that offer TurboTax Online PDF formats.
Transaction volume support
Check how many transactions each pricing tier supports. If you're an active trader with thousands of transactions, you don't want to pay enterprise-level prices. CoinLedger offers up to 10,000 transactions for $199, while some competitors charge $500+ for the same volume.
Support for complex scenarios
If you’re involved in activities like DeFi or margin trading, you should make sure to choose a platform that supports these transactions.
Form generation and filing options
Your software should generate all necessary IRS forms: Form 8949, Schedule D, and comprehensive income reports. Bonus points if it integrates directly with TurboTax, H&R Block, or other tax filing software.
Customer support and accuracy guarantees
Quality customer support can help you work through issues you may encounter during the tax reporting process. Look for platforms with responsive support, ideally live chat or email with quick turnaround times. Some software offers 24/7 support for all customers, while others require you to pay extra.
Get started with CoinLedger today
Filing crypto taxes doesn't have to be complicated. With the right software, you can import your TurboTax transactions, calculate your gains and losses, and generate IRS-ready forms in minutes.
CoinLedger ranks as the best overall choice for TurboTax users because it combines affordable prices and ease of use. Whether you're a beginner with a simple portfolio or an active trader, CoinLedger is the best choice to take the stress out of tax season.
CoinLedger is trusted by 700,000 investors around the globe.
Frequently asked questions
- Is crypto tax software safe to use with my TurboTax account?
Yes, crypto tax software is safe when you use read-only API keys. CoinLedger and other reputable platforms only request read access to your accounts. They can't withdraw funds, execute trades, or access your private keys.
- What happens if I don't report my crypto taxes?
Exchanges report customer data to the IRS via Form 1099-DA, and the IRS sends warning letters to investors who fail to report. In extreme cases, you may even be audited for not reporting crypto taxes.
- Do I need to report crypto if I only bought and held?
No, simply buying and holding crypto isn't a taxable event. You only owe taxes when you sell, trade, spend, or earn crypto. However, if you earned staking rewards or received any other form of crypto income, you must report that as ordinary income.
- Can crypto tax software help me reduce my taxes?
Crypto tax software can help you reduce your taxes by helping you identify opportunities for tax-loss harvesting.
- Does TurboTax have a transaction limit for crypto?
TurboTax Online supports up to 20,000 transactions. If you have more than 20,000 transactions, TurboTax requires you to submit a summary instead of a detailed Form 8949.














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