Yes, that is fine to choose Prize Income as the category. Selecting Prize Winnings will put the income on Line 8 as well. If you did not have the Form 1099-MISC and received a staking award, you could use Coleen's steps above to get the income in the same place - not self-employment. However, since you have the 1099-MISC, which is rare, there are some extra steps you have to take to get the income reported properly. How you enter the income depends on the Form your received and the FAQ is geared towards staking awards and airdrops NOT being reported on a Form 1099. @widestrides
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