How do you enter income received from staking cryptocurrency?

gw1948 · ‎June 15, 2025

JotikaT2

It depends.

If the reward from staking is for additional tokens, it would be treated as ordinary income and reported according to these instructions.

If the reward from staking represents an increase in the value of tokens already held, then it would be reported a capital gains.

How do I enter my crypto in TurboTax provides a guide to assist you with entering the information into TurboTax.

You can also refer to this link for an overall guide to cryptocurrency.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.