ZenLedger Review 2021 – Automatic cryptocurrency tax calculator (+ promo code)


In our previous articles on cryptocurrency tax calculators, we mentioned the importance of calculating taxes correctly, because you know the old adage: there are only two things to do in life: die and pay taxes. taxes.

ZenLedger is another popular solution for crypto traders when managing their crypto taxes and this ZenLedger.io review will go over all the main features and competitive advantages that Zen Ledger has to offer.

So let’s dive right into it – Zenledger review, let’s go.

What is ZenLedger?

In a nutshell – a crypto tax calculator that integrates with major crypto exchanges and wallets to collect trade data and automatically calculate and create tax reports. It also offers seamless integration with traditional tax calculators like TurboTax, streamlining the entire filing process directly to the IRS.

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Zenledger works with all major crypto and fiat currencies such as Bitcoin, Ethereum, Litecoins, Dollars, Euros, Pounds Sterling, Yen – and all others.

ZenLedger made sure to adapt its tool to CPAs and professional accountants, which facilitates the management of multiple clients from a user-friendly IRS interface.

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When it comes to individual users, Zenledger hasn’t forgotten any type of crypto user profile: anyone from regular hodlers to day traders, miners or stakes can use the tool to calculate their bitcoin taxes.

ZenLedger.io review – pricing

As you would expect from this type of tool, Zenledger offers tiered packages aimed at users with different preferences. Packages are classified according to two criteria:

  • number of operations
  • asset value

The lowest plan is set at $ 69 for those with less than 100 transactions and up to $ 15,000 in asset value. The biggest package is set at $ 999 and has no limit, neither in number of transactions nor in asset value.

As for the features included, they are all the same for all pricing levels and include:

  • Audit report
  • CPA Access
  • HIFO / FIFO / LIFO methods
  • Unlimited exchanges
  • Crypto as income
  • Mining or donations
  • ICO and AirDrops
  • Harvesting tax losses
  • FINCen / FBAR alert
  • Turbo tax integration

Carried out for your taxes by ZenLedger partners

An additional service that Zenledger offers over its competitors is comprehensive tax preparation, made for you. The Zenledger team will put you in touch with a crypto-tax professional (tax lawyer, CPA accountant and / or registered agent) to do your taxes quickly and easily with the smartest tax strategies. All fully prepared plans include 1040 and all schedules.

zenledge

Zenledger-supported exchanges and wallets

Zenledger integrates with everything relevant in the world of cryptocurrency exchanges and wallets. And they keep adding more integrations per week. The list of supported exchanges is displayed on the image.

zenledge

Below are some of the popular supported wallets (in the case of multi-coin wallets, not all coins are supported as Zenledger currently only supports these blockchains: Bitcoin (BTC) , Bitcoin Cash (BCH), Ethereum (ETH & ERC-20), Ethereum Classic (ETC), Ripple (XRP), Dash (DASH), Litecoin (LTC), NEO, EOS, Dogecoin (DOGE)).

  • Exodus
  • Jaxx
  • BitPay
  • Electrum
  • Co-pay
  • Bitcoin Expert
  • MyEtherWallet (MEW)
  • and others on supported blockchains
  • Trezor
  • Nano ledger
  • Keep the key
  • Blue Ledger
  • Material ledger
  • Bitlox
  • Digital bitlox
  • and others on supported blockchains
  • Abra
  • Airbitz
  • BRD
  • Co-pay
  • Free wallet
  • Infinity wallet
  • Jaxx
  • mycelium
  • and others on supported blockchains

How to create an account on ZenLedger tax software

Getting started is very easy because you just have to go to ZenLedger.io and click on the Register button which will guide you through a standard procedure for opening an account. You can also sign up with your Coinbase or Google account.

Once you are in it you will come across a clean interface which is very easy to understand and use.

zenledge

You have several options to import your trading history:

  • direct import via API integration with exchange
  • CSV import of the trading data file from your stock exchange (you must first export it from your stock exchange)
  • manual import
  • wallet import (only valid for supported blockchains) – this can also be done via API or CSV method

Add your own CPA to your ZenLedger account

You can invite your CPA and grant them access to your ZenLedger data in 4 simple steps:

  • In the left sidebar, find the Working with the CPA button
  • Click on Invite CPA.
  • Enter the full name and email address of the CPA.
  • The invitation is waiting for until the CPA accepts.

If you don’t have your own CPA, ZenLedger can help you too.

How secure is ZenLedger?

ZenLedger follows all best practices in the cybersecurity industry and has had no issues with data breaches in its history. The most important thing to remember is that Zenledger does not have access to your funds – it only has viewing rights to your trades so that it can collect the necessary data. However, your Zenledger account can be protected by a 2FA layer of protection, all data is transmitted with SSL encryption, and you can enable email notifications during login and other account actions.

Customer service

Very quick and friendly. You have a chat button on their site where you can ask any question and get an answer almost instantly. Another support that you can borrow is the standard email ticket system.

Moreover, their knowledge base is huge and, in combination with their blog, offers a vast pool of useful information on the taxation of cryptocurrencies.

ZenLedger vs competitors

The main competitors of ZenLedger are listed below. We’ve all reviewed them and can safely say that crypto-tax tools are a neck-and-neck race with all the tools following each other when it comes to features and pricing.

ZenLedger discount code

Use this code: AFFILIATE2 to get 20% when purchasing your Zenledger license.

ZenLedger Review – Final Verdict

ZenLedger is a bit more expensive compared to its main rivals: CryptoTrader.Tax or Cointracking.info. However, he goes above and beyond his expectations for his clients: starting with their exceptional assistance to additional features such as “made for you taxes” or invite your own CPA. This and the constant addition of new exchanges and wallets that can be imported directly into the tool make it a serious contender for the tile of best cryptocurrency tax software in 2020 and beyond.

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CaptainAltcoin’s guest writers and posters may or may not have a vested interest in any of the projects and businesses mentioned. None of CaptainAltcoin’s content is investment advice or substitutes for advice from a certified financial planner. The opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com



Esther L. Steinbach

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