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Why program placed "Coinbase INTEREST" and "Coinbase REWARD" in "1040 8z Other income" if I didn't have any income from Digital Assets

 
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2 Replies
PatriciaV
Expert Alumni

Why program placed "Coinbase INTEREST" and "Coinbase REWARD" in "1040 8z Other income" if I didn't have any income from Digital Assets

Did you import Form 1099-B from Coinbase? Apparently, some imported form reported interest and rewards from Coinbase. Check your crypto account to confirm.

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Why program placed "Coinbase INTEREST" and "Coinbase REWARD" in "1040 8z Other income" if I didn't have any income from Digital Assets

Thank you Patricia for your response. I didn't import Form 1099-B from Coinbase because I haven't had any assets since December 2022.

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