- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
how to enter crypto interest earnings?
so a crypto exchange paid me interest for staking stablecoins and they issued me a 1099 misc. i entered the 1099 into turbotax and when i finished it gave me a warning that i didn't generate a schedule or something. this forced me to declare it as self employment income and went into a rant of explaining when did i fund my business, how many employees do i have, how do i pay them and so on.
this can't be right. i am not self employed. i'm not an independent contractor. i don't have a business. think of it as putting money in a saving accounts and they paid me interest. that's it. how can i figure out how to enter this properly? i don't want to pay turbotax live for something that i believe it's on their end
anyone has some tips?
Topics:
‎February 25, 2023
8:56 AM