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Get your taxes done using TurboTax
Yes, TurboTax will calculate taxes on Staking positions. This will be included in your taxable income on your tax return.
Staking will generate passive income. This is similar to getting interest in a checking account.
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Staking will be taxed in the year that you receive it (Taxed as USD)
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Post to Wages & Income
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Less Common Income
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Miscellaneous Income, 1099-A, 1099-C
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Income from renting out personal property (not rental real estate or farm rentals)
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‎January 31, 2022
6:26 AM