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Get your taxes done using TurboTax
You refer to using "self-employed income & expenses" if you are crypto mining.
This is NOT correct unless you are mining as a business and not a hobby.
As a hobby it is reported as ordinary income.
The IRS has a set of specifics on what is & is not hobby mining.
The question is where in TurboTax is this entered?
‎January 24, 2022
8:21 PM