Awaken Tax vs Waltio

Awaken Tax is web-based crypto tax software for traders, DeFi users, startups, and funds. It advertises U.S. tax reports including Form 8949 and 1099-B, and lists Schedule D, 1099-DA reconciliation, TurboTax, and TaxAct formats. Users can upload wallets and review a tax summary for free, but need a paid plan to download tax reports. The free Minnow plan allows 100 transactions; Fish is $99.00 per year for 300 transactions, and higher tiers increase transaction limits and add options such as advanced tax settings, performance tracking, tax lots, or tax planning. Awaken says its AI handles more than 10,000 dapps and supports liquidity providing, staking, bridging, and swaps. It also says it supports more than 50 countries and lists integrations with wallets and services such as MetaMask, Ledger, Phantom, Coinbase, Solana, Ethereum, KuCoin, Binance US, and Kraken. Business tools include entity-specific ledgers and closes, double-entry bookkeeping, and QuickBooks journal-entry syncing. Awaken states that it is SOC II compliant, encrypts data in transit and at rest, and uses read-only API keys that cannot move funds.

Waltio tracks cryptocurrency holdings and prepares tax calculations and reports intended to help users comply with local rules. Its portfolio tracker displays wealth in real time, with allocation and performance comparisons. Tax reporting can include capital gains and losses, staking, farming, lending, mining and airdrops. Waltio says it categorizes DeFi transactions automatically, identifies spam tokens and tracks more than 10,000 assets. It lists more than 700 exchange, wallet and blockchain connections, available through read-permission API keys, public wallet addresses or uploaded transaction files. Plans include a free tier and paid options from €39/yr. The iOS app requires iOS 15.0 or later, and the service is also available on the web. Country coverage varies: outside supported localized tax forms, users may receive raw calculations that need a tax adviser to map to a return. Document downloads are not available in the mobile app, so users need a computer to export them.