efiler123
New Member

Get your taxes done using TurboTax

Rewards earned as for of the "Earn or Yield" programs at any of the crypto companies have issued a 1099-MISC for 2021. This is like interest and passive income. As someone has stated above, Turbo Tax forces this 1099-MISC into self-employment when it is clearly not the case. 

 

Prize money or rewards seem an obvious choice since it is a coin reward for staking - the staking is managed by the companies themselves and the coin holder is merely depositing the coins and watch it earn passively.

 

TurboTax should fix this to make it easier to handle.