Solved: Is mined cryptocurrency correctly reported as "Not for Profit Activity"?

Is mined cryptocurrency correctly reported as "Not for Profit Activity"?

Mined cryptocurrency reported under Wages & Income > Hobby income and expenses, appears in the 1040 - line 21 as "Not for Profit Activity Income". Is this designation correct?

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Generally speaking, cryptocurrency mining falls under self-employment. Please see this FAQ for more information: https://ttlc.intuit.com/replies/6467560

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Generally speaking, cryptocurrency mining falls under self-employment. Please see this FAQ for more information: https://ttlc.intuit.com/replies/6467560

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