This is a useful suggestion. Thank you. I was looking for an answer for a hypothetical scenario like this myself.
** Not tax advice, just sharing my thoughts on my own experience **
I also was thinking a bit more about it and realized that while I don't trade Crypto, I do other activities where I try to earn some income. This includes writing about stocks, investments and earning affiliate income. I spend money on specific expenses such as virtual office, phone plan (partial costs), domain and hosting costs, turbotax subscription, etc. I am thinking of documenting these and other expenses accurately and then filing a Schedule C (or other relevant forms as required) to record and claim my expenses, asset depreciation, etc. This way, even if there are these unspent rewards of 20/30 $ that are well under the $600 reporting threshold I can at least minimize the impact and also continue to do things right. This may work for me, others may have to customize the details as per your own case. Cheers
