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Get your taxes done using TurboTax
If you follow these posting directions it will not result in a self-employment issue.
- Wages & Income
- 1099 MISC and Other Common Income
- Select Income from a 1099-MISC
- Enter payer's name
- EIN Number
- Amount you received (Box 3 Other Income)
- State what it was for Crypto Staking
- Click None of these apply
- Did Crypto Staking involve work like your main job? No
- You got the distribution in 2021
- Did the Crypto Staking involve an intent to earn money? NO
The self-employment tax will not be assessed.
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March 30, 2022
4:38 AM