How to report Coinbase staking rewards ?

[chatumoh]

I have $7 earned as crypto staking rewards, Coinbase tax summary page mentions- "Report this as additional income on line 21 of your 1040" .

How and where should i add it on turbo tax ?

[PattiF]

Here's how to enter your staking rewards in TurboTax from HelenC12:

1. With your return open, select Federal from the left side navigation.
2. On the top tabs, select Wages & Income
3. Scroll down to Less Common Income section and select Start or Revisit next to Miscellaneous Income, 1099-A, 1099-C
4. On the next screen, select Start or Revisit next to Other Reportable Income
5. Answer Yes on the Any Other Taxable Income? screen
6. On the next screen, enter a description and enter the total US dollar amount
7. Continue with the onscreen interview until complete.