Cryptocurrency section does not have 1099 MISC option and that is what I received from Celsius. Should I add it as normal income with a 1099 MISC?

aabnevarez — Mon, 09 Mar 2026 04:57:16 GMT

Re: Cryptocurrency section does not have 1099 MISC option and that is what I received from Celsiu...

ColeenD3 — Fri, 25 Feb 2022 20:43:42 GMT

It depends on whether your cryptocurrency was considered earned income or treated as a property sale. To help you determine which of these two possibilities applies to your situation, read through the following scenarios:

Cryptocurrency received as payment for goods and services

Cryptocurrency sold, exchanged, spent or converted

Cryptocurrency received as income, and then held and sold for profit

Cryptocurrency received as a gift

New cryptocurrency received from an airdrop

To enter a 1099-MISC, follow these steps.

Under Wages and Income, scroll down to Income from 1099-MISC.

Enter the 1099-MISC exactly as printed, and then Continue.
Enter Cryptocurrency under "Other".
Describe the reason for this 1099-MISC: REASON
Select None of these apply, then Continue.
Select No, it didn’t involve work….. and Continue.

Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.

Select No, IF it didn’t involve an intent to earn money, then Continue.
Select NO, then Continue.

Click the DONE button, and that does it.

topic Cryptocurrency section does not have 1099 MISC option and that is what I received from Celsius. Should I add it as normal income with a 1099 MISC? in Self employed

Cryptocurrency section does not have 1099 MISC option and that is what I received from Celsius. Should I add it as normal income with a 1099 MISC?

Re: Cryptocurrency section does not have 1099 MISC option and that is what I received from Celsiu...