2773372
I reported this in "Miscellaneous Income" > "Other reportable income" at the very bottom instead of "Other income not already reported on a Form W-2 or Form 1099" since this wasn't really earned income from labor. Is this the correct way to do it?
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Sales are reported on the form 8949 & Sch D even if no 1099-B is issued ... do NOT enter it in the 1099-MISC area.
These aren't sales. I "earned" these from lending my crypto in a lending platform such as Celsius, Blockfi, etc.
Multiple posts : https://ttlc.intuit.com/community/user/viewprofilepage/user-id/2432787
If you earned them because you worked for them then they go on a Sch C even if you don't get a reporting form for the income.
If some of the crypto was liquidated or sold it goes on the Sch D.
If these were misc income they go on sch 1 line 8.
What do you mean by multiple posts?
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