Hi,
I have an account at Coinbase. They have an ongoing promo called Coinbase Earn where, from time to time, they'll give you free cryptocurrency (i.e., tokens) if you spend a few minutes learning about their new tokens, etc. In 2021, Coinbase rewarded me with $40 in free tokens/cryptocurrency.
As near as I can tell, this is supposed to be 1099-Misc income. However, Coinbase doesn't send out a 1099-Misc unless you earn at least $600 for the year. How do I report this income in TurboTax? Can I tell TurboTax that have a 1099-Misc even though I didn't receive it? Will the IRS flag this as a discrepancy since they didn't receive a 1099-Misc from Coinbase?
Thanks,
RB
