• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Cult Of Money

Cult Of Money

Personal finance for the crypto-curious.

  • About
  • Podcast
  • Contact
  • Cryptocurrency
      • How To Start

      • What Is Cryptocurrency And How To Invest?
      • What Is Bitcoin And How Does It Work?
      • What Is Ethereum And How Does It Work?
      • Most Common Crypto And NFT Scams (And How To Avoid Them)
      • Proof Of Work vs. Proof Of Stake vs. Proof Of History
      • How To Invest In Crypto In Your IRA Or 401k
      • Tools + Resources

      • Best Cryptocurrency Exchanges
      • Best Cryptocurrency Wallets
      • Best Crypto Savings Accounts
      • Best Tax Software For Crypto And NFT Traders
      • Reviews

      • Coinbase Review
      • Gemini Review
      • BlockFi Review
      • Binance Review
      • Hodlnaut Review
      • Ledger Wallet Review
  • DeFi
      • How To Start

      • What Is DeFi?
      • What Is Staking Your Crypto?
      • Centralized vs. Decentralized Exchange
      • Tools + Resources

      • What Is Uniswap And How Do Decentralized Exchanges Work?
      • Reviews

  • NFT
      • How To Start

      • What Is An NFT?
      • Tools + Resources

      • Most Popular Play-To-Earn Crypto Games
      • Popular Projects

      • What Are VeeFriends And Are They Worth It?
      • Bored Ape Yacht Club NFTs Are Popular (And Expensive)
      • What Is The Sandbox And How Can You Play?
      • Why Visa Bought A CryptoPunk
  • Investing
      • How To Start

      • Tools + Accounts

      • Reviews

  • Personal Finance
      • Banking

      • Best Bitcoin Rewards Checking Accounts
      • Tools + Resources

      • Tax

      • Income Tax Prep Guide
      • Bookkeeping And Accounting For Crypto And NFTs
Tax Software

ZenLedger Review: Features, Plans, & Pricing

By Eric Rosenberg • January 1, 2022

At The Cult of Money, we want to help you navigate your finances. To do this, many or all of the products featured here may be from our partners whom we receive compensation from. This doesn’t influence our evaluations or reviews. Our opinions are our own. Learn more here.Advertiser Disclosure

There are thousands of financial products and services out there, and we believe in helping you understand which is best for you, how it works, and will it actually help you achieve your financial goals. We're proud of our content and guidance, and the information we provide is objective, independent, and free.

But we do have to make money to pay our team and keep this website running! Our partners compensate us. CultOfMoney.com has an advertising relationship with some or all of the offers included on this page, which may impact how, where, and in what order products and services may appear. The Cult of Money does not include all companies or offers available in the marketplace. And our partners can never pay us to guarantee favorable reviews (or even pay for a review of their product to begin with).

For more information and a complete list of our advertising partners, please check out our full Advertising Disclosure. CultOfMoney.com strives to keep its information accurate and up to date. The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website. All products and services are presented without warranty.

Share
Tweet
Pin
Share
Email

When you sell or exchange cryptocurrency, whether you make money or lose money, it’s essential to keep track of your gains and losses for taxes.

However, once you consider multiple wallets or exchange accounts, daily staking rewards for several currencies, and an occasional NFT purchase, those tax calculations can become quite complex. That’s where ZenLedger comes in.

ZenLedger is a cryptocurrency tax software that takes all of your cryptocurrency data and turns it into required tax forms for reporting investment gains and losses. Today, we’re going to dive in and take a close look at ZenLedger’s features, pricing, and if it could be suitable for your crypto tax prep needs.


ZenLedger logo

Quick Summary

  • 400+ third-party integrations
  • Provides tax-loss harvesting guidance
  • One-on-one help from tax pros is also available
OPEN AN ACCOUNT

ZenLedger Details

Product Name

ZenLedger

Product Type

Crypto Tax Software

DIY Plan Pricing

$0 to $399/yr

Integrations

400+

Promotions

None

Pros & Cons

Pros

  • Calculate taxes for crypto and generate tax forms
  • Track cryptocurrency transactions and balances across multiple wallets and exchanges
  • Tax-loss harvesting reports included at no extra charge
  • Excellent customer service

Cons

  • Can be expensive if you have more than 100 transactions
  • Some accounts aren't able to connect via the API


Table of Contents
Pros & Cons
What Is ZenLedger?
What ZenLedger Offers
ZenLedger Plans & Pricing
ZenLedger Alternatives

ZenLedger Security
ZenLedger Customer Service
Is ZenLedger Right For You?
ZenLedger Features

What Is ZenLedger?

ZenLedger is a cryptocurrency tax and tracking software. It’s useful for tracking your cryptocurrency balances and gains (or losses) across all of your exchange and wallet accounts with a single, unified view. It’s kind of like a combination of Mint.com and TurboTax for your cryptocurrency.

When you want to track your crypto or do your taxes, a ZenLedger account works with more than 400 exchange and wallet providers, including major exchanges such as: 

  • Binance
  • Bitstamp
  • BlockFi
  • Cash App
  • Coinbase (and Coinbase Pro)
  • Crypto.com
  • eToro
  • FTX
  • Gemini
  • Kraken
  • KuCoin
  • Poloniex
  • SushiSwap
  • Uniswap

Wallets include:

  • Bitpay
  • Coinbase Wallet
  • Exodus
  • Ledger
  • MetaMask
  • Mycelium
  • Trezor
  • Trust Wallet

On the off chance your wallet or exchange isn’t supported, they have an easy process to upload your data or request support.

It works with 98 exchange APIs, 52 more exchanges using CVS uploads, 42 blockchains, 12 hardware wallets, 13 mobile wallets, ten desktop wallets, 31 DeFi apps, and NFTs. That gives you a “grand unified accounting” of your cryptocurrency for your knowledge and tax reporting.

Screenshot of the screen displayed while your transactions import to ZenLedger

The screen displayed while your transactions import to ZenLedger

You can use ZenLedger for DIY tax form preparation for most tax forms you would need for cryptocurrency reporting. ZenLedger also offers a premium service where a tax pro prepares your crypto tax forms if you’d rather hand it off to someone else.

What ZenLedger Offers

Here’s a look at the key features of ZenLedger and how they work:

Tax Forms And Reports

The main reason most people will sign up with ZenLedger is for help with taxes. ZenLedger can help you tame thousands of annual transactions and turn them into a single set of data for tax reporting.

Screenshot of ZenLedger's Capital Gains summary

The ZenLedger dashboard includes a capital gains summary and access to your IRS tax forms

Not only does ZenLedger do the calculations, but it also completes your tax forms automatically. Tax forms supported by ZenLedger include:

  • Schedule D: Capital Gains and Losses
  • Schedule 1: Additional Income and Adjustments to Income
  • Form 8949: ales and Other Dispositions of Capital Assets
  • Form FBAR: Report of Foreign Bank and Financial Accounts

When I was testing things out, ZenLedger noticed that I transferred out from one exchange to a wallet that I hadn’t added, so something was likely missing. That’s a great feature I have not run into anywhere else.

You can download the forms to use with other tax software, notably TurboTax and TaxAct. However you’re doing your taxes, you can use the outputs from ZenLedger for any cryptocurrency-related inputs.

Screenshot of ZenLedger's API key tool

The screen used to add an API key and import your cryptocurrency data

Cryptocurrency Analysis & Tax Loss Harvesting Guidance

Even outside of tax season, you may want to use ZenLedger as your unified source of cryptocurrency data. If you’ve used portfolio trackers like Mint, Personal Capital, or Lunch Money in the past, ZenLedger has similar features but is exclusively designed for cryptocurrency.

Screenshot of ZenLedger's transaction import summary

The transaction import summary helps you keep track of which accounts you’ve connected

The site includes summaries of your holding by currency or exchange and in aggregate across your entire cryptocurrency portfolio. Helpful graphs and charts break down your holdings by percentage and your total cryptocurrency portfolio history over flexible time periods.

Knowing where you stand at any given time is beneficial. If you’re planning future cryptocurrency trades, it’s essential.

For tax-loss harvesting, ZenLedger generates a Google Sheet unique for your account that can help you make tax-loss harvesting trades to lower what you owe to the IRS.

Professional Tax Preparation

If you want your taxes done for you, ZenLedger works with a network of cryptocurrency tax professionals who can take over instead of importing all of your data yourself.

Of course, this is a more expensive service than the DIY plan. A 30-minute consultation costs $195. And prepared plans start at $2,500 for a single-year tax report.

Most people comfortable with crypto should be able to handle things on their own. But this option is a nice alternative if you’re less confident or would rather just pay someone else.

ZenLedger Plans & Pricing

There are four plans at ZenLedger, including a free plan to log in and test things out. However, there’s a limit on the number of transactions it can handle at each pricing tier for taxes.


Free

Starter

Premium

Executive

Cost

$0

$49

$149

$399

Transaction Limit

25

100

5,000

Unlimited

DeFi/Staking/
NFT Support

No

No

Yes

Yes

For one-on-one help, you can consult with ZenLedger staff for $150 per hour. For professional tax prep, you can get a 30-minute consult for $195, single-year tax preparation for $2,500, and multi-year starting at $4,500 for two years.

ZenLedger Alternatives

While ZenLedger does an excellent job of tracking and summarizing your cryptocurrency taxes, it might not be right for everyone. Here's how it compares to some popular alternatives:

Header
ZenLedger logo
CryptoTrader.tax logo
CoinTracker logo

Tier #1

Free $0
25 Trades

Hobbyist $49
100 Trades

Free $0
25 Trades

Tier #2

Starter $49
100 Trades

Day Trader $99
1,500 Trades

Hobbyist $59
100 Trades

Tier #3

Premium $149
5,000 Trades

High Volume $199
5,000 Trades

Premium $199
1,000 Trades

Tier #4

Executive $399
Unlimited Trades

Unlimited $299
Unlimited Trades

Unlimited
Priced Individually

Tax Software Integrations

TurboTax

TurboTax, TaxAct

TurboTax, TaxAct

Cell
OPEN AN ACCOUNT
Cell
Cell

ZenLedger Security

It's important to exercise caution whenever a company is asking for access to your financial information. The good news for ZenLedger users is that the company only gets read-only access to your wallet and exchange data and it never asks for your crypto private keys.

The ZenLedger website is also encrypted and offers two-factor authentication if you want to further protect your account. You can learn more about the company's privacy and security policies here.

ZenLedger Customer Service

ZenLedger users can access customer support by live chat, phone, or email. The company's customer service phone number is (877) ZEN-TAXS and its email address is [email protected]

The operating hours for ZenLedger's customer support staff is Monday through Friday, 9 AM to 9 PM (EST). The company currently has a 3.8/5 rating on Trustpilot (out of 18 reviews) and an A- rating on the Better Business Bureau (BBB).

Is ZenLedger Right For You?

While it’s not cheap at the upper tiers, ZenLedger does a great job importing and summarizing your cryptocurrency data for taxes and investment planning. Whether you’re looking to lower your tax bill through tax-loss harvesting or just want a simple platform to get your crypto-related tax forms, ZenLedger has you covered.

ZenLedger Features

Exchange Integrations

400+

Blockchain Integrations

40+

DeFi Protocol Integrations

20+

Tax Software Integrations

TurboTax

DIY Pricing

  • Free: $0
  • Starter: $49
  • Premium: $149
  • Executive: $399

Pro Support Pricing

  • Consultation: $195
  • Single-Year Tax Report: $2,500
  • Multi-Year Tax Report: $4,500

Tax Filing

Not included

Cost Basis Methods

HIFO, FIFO, LIFO

Audit Reports

Yes

Crypto As Income Support

Yes

Mobile Apps

None

Customer Service Number

(877) ZEN-TAXS

Customer Service Email

[email protected]

Customer Service Hours

Mon through Fri, 9 AM to 9 PM (EST)

Promotions

None

Eric Rosenberg
Eric Rosenberg

Eric Rosenberg is a financial writer, speaker, and consultant based in Ventura, California. He holds an undergraduate finance degree from the University of Colorado and an MBA in finance from the University of Denver. After working as a bank manager and then nearly a decade in corporate finance and accounting, Eric left the corporate world for full-time online self-employment. His work has been featured in online publications including Business Insider, Nerdwallet, Investopedia, The Balance, HuffPo, Investor Junkie, and other fine financial blogs and publications. When away from the computer, he enjoys spending time with his wife and three children, traveling the world, and tinkering with technology. Connect with him and learn more at EricRosenberg.com.

ZenLedger Review: Features, Plans, & Pricing

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors’. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone’s responsibility to ensure all posts and/or questions are answered.

Subscribe
Login
Notify of

1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
cattax
9 months ago

ZenLedger is some hot garbarge. They have what looks like a useful service, but there are so many bugs and misleading claims that I would recommend people choose another service for doing crypto taxes if your taxes involve anything more than a few exchanges. I have found ZenLedger a waste of money that gives me inconsistent results and lacking in user resources. Will absolutley not be using ZenLedger for my 2022 crypto taxes.

0
Reply

Primary Sidebar

  • Facebook
  • Instagram
  • Pinterest
  • RSS
  • Twitter
  • YouTube

Editor’s Picks

  • 8 best cryptocurrency exchanges ranked

    8 Best Cryptocurrency Exchanges Ranked For 2023

  • crypto savings accounts

    6 Best Crypto Savings Accounts For 2023

  • Cryptocurrency Bonus Offers

    10 Best Crypto Promotional And Bonus Offers

  • best crypto wallets

    Best Crypto Wallets For 2023 (Software And Hardware Options)

  • Best Portfolio Trackers For Cryptocurrency And Stocks

    6 Best Portfolio Trackers For Cryptocurrency And Stocks

  • best tax software for crypto and NFT traders

    Best Tax Software For Crypto And NFT Traders In 2023

Popular Posts

  • proof of work vs. proof of stake vs. proof of history

    Proof Of Work vs. Proof Of Stake vs. Proof Of History

  • Why I Bought An NFT

    Why I Bought An NFT [And 5 Reasons You Should Too]

  • My Dogecoin Experiment: What I Learned From Investing $2,000 In DOGE

  • common crypto and nft scams

    Most Common Crypto And NFT Scams (And How To Avoid Them)

  • Bookkeeping and Accounting for Crypto and NFTs

    Bookkeeping And Accounting For Crypto And NFTs

  • what is a 51% attack

    What Is A 51% Attack? (And How Is That Game Over For Crypto?)

  • what is staking crypto

    What Is Staking And How Can You Make Money With Your Crypto?

  • what are veefriends

    What Are VeeFriends And Are They Worth It?

  • how to file a complaint against crypto exchanges

    How To File A Complaint Against A Crypto Exchange [Crypto Regulators]

Footer

Pages

  • Best Cryptocurrency Wallets
  • Best Cryptocurrency Exchanges

Categories

  • Cryptocurrency
  • DeFi
  • NFT
  • Personal Finance

About

  • About The Cult Of Money
  • Contact
  • How We Make Money
  • Advertise With Us
  • Facebook
  • Instagram
  • Pinterest
  • RSS
  • Twitter

Copyright © 2023 | Cult of Money | Privacy Policy | Terms of Service

wpDiscuz