CoinLedger vs Koinly: crypto tax software for the Form 1099-DA era

Affiliate disclosure: Mogul Ventures LLC earns a commission if you buy CoinLedger or Koinly through the links on this page, at no extra cost to you. This page is general education, not tax, legal or financial advice. Talk to a qualified tax professional about your situation.

Why this matters now

Crypto brokers now send the IRS a new form, Form 1099-DA. Under the IRS final regulations, brokers must report gross proceeds for transactions effected on or after January 1, 2025, and must report basis on certain transactions effected on or after January 1, 2026.^[1] Revenue Procedure 2024-28 lets taxpayers allocate unused basis to the digital assets held in each wallet or account as of January 1, 2025.^[1] If your coins moved between exchanges or wallets, a broker may not know your original cost, so many investors use software to rebuild their cost basis and produce Form 8949.

Side-by-side (prices checked Oct 30, 2026)

	CoinLedger^[2]	Koinly^[3]
Pricing model	One-time purchase per tax report	One-time payment per tax year, no subscription
Up to 100 transactions	$49 (Hobbyist)	$49 (Newbie)
Up to 1,000 transactions	$99 (Investor)	$99 (Hodler)
3,000+ transactions	$199+ (Pro)	from $199 (Trader)
Free to try	Free portfolio tracking	Free until you need a report; free capital gains preview
Refunds	14-day money-back guarantee	Full refund within 7 days if no report generated
IRS Form 8949	Yes	Yes (plus Schedule D)
Tax software export	TurboTax, TaxACT, H&R Block Desktop, TaxSlayer	TurboTax, TaxACT
Cost basis methods	FIFO, LIFO, HIFO, Adjusted Cost	FIFO, LIFO, Average Cost and more; wallet-based Spec ID
Coverage	20,000+ cryptocurrencies, DeFi, NFTs	20,000+ cryptocurrencies, DeFi and NFTs, users in 140+ countries

Prices and features change. Confirm on each vendor's pricing page before you buy.

Which one fits you

You file with H&R Block Desktop or TaxSlayer: CoinLedger lists direct imports for both.^[2]
You want the longest refund window: CoinLedger's is 14 days vs Koinly's 7.^[2]^[3]
You hold assets outside the US or across many countries: Koinly says its users come from 140+ countries.^[3]
Either way: both let you import and preview before you pay, so you can try both with the same data.

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CoinLedger code CRYPTOTAX10 gives 10% off at checkout through our partner link.

FAQ

When do crypto brokers start reporting on Form 1099-DA?

Under the IRS final regulations, brokers must report gross proceeds for digital asset transactions effected on or after January 1, 2025, and basis on certain transactions effected on or after January 1, 2026.

How much do CoinLedger and Koinly cost?

Both price each tax year as a one-time purchase. CoinLedger lists $49 (up to 100 transactions), $99 (up to 1,000) and $199+ (3,000+). Koinly lists $49 (100 transactions), $99 (1,000) and from $199 (3,000+).

Can I get a refund?

CoinLedger advertises a 14-day money-back guarantee. Koinly offers a full refund within 7 days of purchase if you have not generated a tax report yet.

Sources

IRS, "Final regulations and related IRS guidance for reporting by brokers on sales and exchanges of digital assets": irs.gov; About Form 1099-DA: irs.gov
CoinLedger pricing: coinledger.io/pricing (checked Oct 30, 2026)
Koinly pricing: koinly.io/pricing (checked Oct 30, 2026)