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Investing
Staking rewards are taxable income according to this Coinbase document.
You should report this income as Other Reportable Income.
In TurboTax, open your return and follow these steps:
- Click on Federal in the left-hand column, then on Wages and Income
- Continue and locate the Less Common Income section
- Click Show more and click Start next to Miscellaneous Income at the bottom
- On the next page, click Start next to Other Reportable Income.
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‎April 5, 2023
5:36 AM