1040.com
1040.com is a straightforward online tax preparation software that allows you to file your federal and state income tax returns quickly through a simple, guided interview process.
CoinLedger
CoinLedger is a specialized tax reporting software that automates the complex process of calculating capital gains, losses, and income from cryptocurrency, NFT, and DeFi investments for your annual filings.
Quick Comparison
| Feature | 1040.com | CoinLedger |
|---|---|---|
| Website | 1040.com | coinledger.io |
| Pricing Model | Subscription | Freemium |
| Starting Price | $25/month | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✓ Has free plan |
| Product Demo | ✘ No product demo | ✘ No product demo |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1997 | 2018 |
| Headquarters | Drake Software, USA | Kansas City, USA |
Overview
1040.com
1040.com provides a streamlined way for you to file your federal and state income taxes online without the complexity of traditional desktop software. You can walk through a simple, conversational interview that identifies your credits and deductions automatically. Whether you have a simple W-2 or more complex self-employment income, the platform handles the calculations and forms required to submit your return directly to the IRS.
You can start your return for free and only pay when you are ready to file. The platform is designed for individuals, families, and independent contractors who want a flat-rate pricing model rather than being upcharged for every additional form or schedule. It simplifies the filing process by focusing on a user-friendly interface that works on any device, ensuring you can finish your taxes from home or on the go.
CoinLedger
CoinLedger simplifies the headache of cryptocurrency tax reporting by consolidating your entire transaction history into one dashboard. You can connect your favorite exchanges, wallets, and blockchains to automatically sync every trade, swap, and earned reward. The platform then calculates your gains and losses using approved accounting methods like FIFO or LIFO, ensuring your reports meet regulatory standards without manual spreadsheet work.
You can generate completed IRS forms or export your data directly into popular filing software like TurboTax and H&R Block. Beyond just tax season, the platform allows you to track your portfolio's performance in real-time and identify opportunities for tax-loss harvesting. It is designed for individual investors and professional accountants who need a reliable way to manage digital asset compliance across thousands of different tokens and platforms.
Overview
1040.com Features
- Guided Tax Interview Answer simple questions about your life and income while the software automatically selects and fills out the correct tax forms.
- Smart Search Find specific tax topics or forms instantly with a built-in search tool that jumps you directly to the right section.
- Comprehensive Coverage File everything from simple W-2s to complex self-employment and investment income for one flat price without hidden upgrade fees.
- Real-Time Refund Tracker Watch your federal and state refund amounts update instantly as you enter new information into your tax return.
- Direct Deposit Receive your tax refund faster by having the IRS deposit your funds directly into your bank account automatically.
- Prior Year Import Save time by importing your basic information from previous years so you don't have to re-type your personal details.
CoinLedger Features
- Automatic Syncing. Connect your accounts to hundreds of exchanges and wallets to import your entire transaction history automatically.
- Tax-Loss Harvesting. Identify specific assets in your portfolio that you can sell at a loss to offset your capital gains.
- NFT Support. Track your NFT mints, buys, and sells across multiple blockchains to ensure your digital art taxes are accurate.
- DeFi Integration. Import complex decentralized finance activities like staking rewards, liquidity providing, and yield farming with ease.
- Audit-Ready Reports. Generate official IRS Form 8949 and other essential tax documents that are ready to be attached to your return.
- Portfolio Tracking. Monitor your profit, loss, and overall portfolio balance across all your connected platforms in one unified view.
Pricing Comparison
1040.com Pricing
- Federal and State filing included
- All tax screens and forms
- Self-employment and small business
- Investment and rental income
- Itemized deductions
- Live chat and email support
- Everything in Flat Rate, plus:
- Professional review of your return
- Expert signature on your filing
- Accuracy verification
- Peace of mind for complex returns
CoinLedger Pricing
- Unlimited imports
- Portfolio tracking
- DeFi & NFT support
- View capital gains/losses
- Tax-loss harvesting tool
- Everything in Free, plus:
- Up to 100 transactions
- IRS Form 8949
- TurboTax & H&R Block exports
- Audit trail reports
- Priority customer support
Pros & Cons
1040.com
Pros
- Simple flat-rate pricing for all tax situations
- No upselling for complex forms or schedules
- User-friendly interface works well on mobile devices
- Federal and state returns are bundled together
- Transparent costs with no hidden filing fees
Cons
- Fewer automated data import options than competitors
- Limited high-level tax planning or advisory tools
- No completely free filing tier for simple returns
CoinLedger
Pros
- Extensive list of supported exchanges and wallets
- Intuitive interface makes complex data easy to read
- Seamless integration with TurboTax and H&R Block
- Excellent customer support during peak tax season
- Accurate handling of complex DeFi transactions
Cons
- Pricing increases significantly with high transaction volume
- Manual adjustments sometimes needed for obscure tokens
- No dedicated mobile app for portfolio tracking