RobertB4444
Expert Alumni

Business & farm

No, when you're entering transactions and sales you need to list every one.  That can be a pain.  But when you're entering your income from mining just entering the total earned is the correct way to do it, whether on a schedule C or as hobby income.

 

That being said, your personal records - which you should be maintaining in order to have proof of what you have placed on your tax return - should have a list of every transaction.  And, as @KrisD15 says above, if this is income that you are going to be earning every year then you should start using a schedule C.

 

@amar1021 

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