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1099-MISC
Hello. I received a 1099-MISC from BlockFI, which reports "other income" that i earned by staking my crypto on their lending platform. I viewed this income as ordinary interest and was expecting a 1099-INT. As a result, Turbo Tax is classifying this income as "sole proprietor" income in the income summary tab. Of course, I'm only a retail investor here so I'm not certain what the ramifications are wrt to reporting this income as business income on Schedule C. I don't want to fill out a form C or be considered a sole proprietor on my tax return. How can i solve this matter or concern please?
‎January 2, 2022
2:41 PM