An alternative to CoinLedger for a simple crypto year
CoinLedger's plans start at $49 per tax year for up to 100 transactions. If you trade on an exchange or two, Lotsift works out the year from your CSVs without an account.
| Lotsift | CoinLedger | |
|---|---|---|
| Where it runs | In your browser tab. No install, no account. Your transactions are never uploaded. | Web app with an account |
| Price | Free: 2026 totals, boxes G–L, the harvest view, every check and 10 Form 8949 lines. Pro: $19 for 7 days, $9/month or $49/year. | $49 (100 transactions), $99 (1,000), $199 and up per tax year |
| What it does | Works out 2026 crypto gains FIFO per account from exchange or wallet CSVs, with Form 8949 lines, staking income and unrealized gains. No API connections, DeFi or filing. | Exchange and wallet integrations, DeFi and NFT support, tax reports |
Honest take: CoinLedger connects to many exchanges and handles DeFi and NFTs. Lotsift is for someone with a few exchange or wallet exports who wants the gains, the Form 8949 lines and a year-end harvest view without uploading their history.
Competitor details checked on 2026-10-28 from their public pages: CoinLedger pricing. Prices change — check their site for the current offer. Product names are trademarks of their owners; we are not affiliated with them.
FAQ
Does Lotsift file my return?
No. It gives you the Form 8949 lines and totals; you or your tax preparer enter them on your return.
What does Lotsift do?
It reads your crypto transaction history and works out your 2026 capital gains and losses: each sale matched to the coins you bought, first-in, first-out within each account, split into short-term and long-term, with the Form 8949 box for each line. Staking and rewards income is totalled separately. It doesn't file anything.
Is my data uploaded?
No. Your file is read by JavaScript in your browser tab and never sent to us or anyone else. Transactions aren't stored, so closing the tab clears them. Settings can be saved in this browser.
Which Form 8949 box does each line go in?
Digital assets use boxes G, H and I in Part I (short-term) and J, K and L in Part II (long-term): G or J when a Form 1099-DA reported the basis, H or K when it didn't, I or L when there's no 1099-DA. Lotsift guesses from the account name and the date — brokers report basis for coins bought in the account from 2026 — and the form you receive wins.
When is a gain long-term?
When you held the coins more than one year. A sale on the one-year anniversary is still short-term; the day after is long-term.
How are transfers, fees and rewards handled?
A Send and a Receive between your own accounts moves the lots with their original date and cost. A buy fee adds to basis and a sale fee comes off proceeds. Staking, rewards and airdrops are ordinary income at their USD value when received, and that value becomes their basis.
What about crypto-to-crypto trades?
A trade is a sale of one coin and a purchase of the other. Enter a Sell row and a Buy row with the same date and USD value. Convert or swap rows are flagged, not guessed.
What's free?
Importing any number of rows, the 2026 totals, the totals by box, the harvest view and every check, plus the first 10 Form 8949 lines on screen and in print (with a footer). Pro shows and prints every line and exports the Form 8949 CSV, the Excel workbook and the open lots CSV.
What isn't covered?
It doesn't handle every DeFi case: liquidity pools, lending, staking derivatives, wrapping, bridges and LP tokens need your own treatment. Also not covered: state tax, the collectibles rate for NFTs, margin and futures, mining or business income, gifts and inheritances, specific-identification lot choices and wash-sale adjustments (a loss with a rebuy of the same asset within 30 days is flagged, not changed). It's FIFO only and US dollars only.
Is this tax advice?
No. Lotsift applies the rules it describes to the data you provide. Ask your tax adviser what applies to you.