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Get your taxes done using TurboTax
I'm in the same situation. Received a 1099-MISC from an exchange for crypto staking rewards.
Under Federal / Wages & Income / Your Income / Less Common Income / Miscellaneous Income, 1099-A, 1099-C, it specifically says to only enter amounts not reported on form 1099.
So, just clarifying that this is the correct place to enter the 1099-MISC staking rewards income, even though TurboTax online specifically says not to enter it here. If I enter it under the 1099-MISC section, it treats it as self-employment income subject to self-employment tax. Maybe the application flow needs to be updated to make entering staking rewards more straightforward. Thanks!
‎February 24, 2022
2:53 PM