Schedule 1 (Other Income) for Staking, Airdrops, and Mining

This lesson is for enrolled learners

The concept While Form 8949 and Schedule D (Modules 5.1–5.2) handle every capital disposal, the ordinary income events covered throughout Module 3 — staking rewards, airdrops, hard forks, mining payouts, and lending interest — are reported in a completely different place: Schedule 1 (Form 1040), Part I, "Additional Income." This is a critical distinction many first-time filers miss: these amounts……

Enroll to continue Already enrolled? Sign in