Awaken Tax vs ZenLedger

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.

ZenLedger calculates taxes on cryptocurrency, DeFi, and NFT activity and generates tax reports. Listed reports include IRS Schedule 1, Schedule D, and Form 8949. Its dashboard supports tax loss harvesting, and an end-of-year valuation report summarizes transactions and holdings across exchanges, wallets, and self-transfers in a spreadsheet. ZenLedger describes direct integrations with 400+ exchanges, 50+ blockchains, and 100+ DeFi and NFT protocols; API and CSV imports are also available. It lists TurboTax and TaxAct integrations for filing portfolio taxes. The service is aimed at crypto investors and tax professionals, with account management tools for accountants and CPAs. A free plan costs nothing; paid plans start with Silver at $49 a year, capped at 100 transactions. Gold costs $199 a year and allows up to 5,000 transactions; Platinum costs $399 a year and allows up to 15,000, with unlimited transactions offered for an additional $600. ZenLedger lists web access and support by phone, video, or chat seven days a week, 9 am–9 pm EST.