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I want to be clear about what type of income you received.
Was it interest? Or,
Was it money earned from staking?
Both are taxed similarly but are posted to different areas.
To post it as interest
Staking will generate passive income. This is similar to getting interest in a checking account.
I want to be clear about what type of income you received.
Was it interest? Or,
Was it money earned from staking?
Both are taxed similarly but are posted to different areas.
To post it as interest
Staking will generate passive income. This is similar to getting interest in a checking account.
Thank you for the info. It is interest, not money earned from staking.
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