I didn't receive a 1099-misc from a Crypto Lending platform because the amount was small. Where do I report this?
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?
04773
4 Replies
Critter-3
Level 15
Sep 19, 2022 10:06:31 AM
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.
yoshl
Level 3
Sep 19, 2022 10:11:05 AM
These aren't sales. I "earned" these from lending my crypto in a lending platform such as Celsius, Blockfi, etc.