Please see the Turbotax link for Crypto that references staking and how the earnings are recorded.
https://turbotax.intuit.com/tax-tips/investments-and-taxes/...
Hello Ccl, You are on target. This is just a sale like a Garage/Yard Sale. The income received is assumed to be much smaller than the original cost. The items t...
Yes! You will input the whole 1099-K. To reconcile the 1099-K you would make a negative adjustment for the Garage/Yard Sale income. See below:
To clarify where ...
Hello Whysteriastar, The items that you sell from the garage/yard sale (personal property) and do not intend to make a profit are assumed to be at a loss, so yo...
