Thank you for clarifying this very confusing and frustrating issue that BlockFi has caused a lot of people. By BlockFi filing these 1099-MISC docs with the IRS, it makes them think we have collected miscellaneous income from BlockFi by working for them as independent contractors in some capacity. Nothing could be further from the truth. When my husband and I purchased cryptocurriencies in 2021, we decided not to sell any of them yet, so no interest was actually realized by us in 2021. We also have Coinbase crypto accounts and purchased, but did not sell any, cryptos from them in 2021, and Coinbase never filed a 1099-MISC on our accounts. I think BlockFi needs to change this procedure, which has caused me alone several days of frustration when trying to rectify our tax returns. It sounds like many other people have experienced that very same issue.
