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Get your taxes done using TurboTax
I understand your confusion. Although staking is considered passive income it is not posted to the rental section.
Staking will generate passive income. This is like getting interest in a
checking account.
With your return open, go to
1. Federal
2. Wages & Income
3. Less Common Income at the bottom
4. Select Miscellaneous Income, 1099-A, 1099-C
5. Select Other Reportable Income
6. Any Other Taxable Income? = Yes
7. For Description = Income from Staking
8. Enter the amount and = Continue
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March 21, 2022
6:00 AM