I have Rewards Income from Coinbase (not even a $1)...Do I have to report?

Hello,

In 2022 I earned staking rewards (Coinbase) that is way under a $1. I also do not have any gains/loses from coinbase for 2022. Do I have to report the $0.00083 in rewards income and if so, how do I go about entering that into my TT account.

Thank You.

posted

No, that amount rounds to zero, so you do not need to report it.

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My name is on a Coinbase account as nominee for a partnership's crypto sale. The partnership receives all funds from crypto sales to its bank account, filed its 1065 & issued a K-1 to partners, including myself. How do I report on my personal return?

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I have Rewards Income from Coinbase (not even a $1)...Do I have to report?

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