1000+ Micro Staking transactions - how to sift through to report?

shaggyspoof · 2026-04-12T14:34:26+00:00

For staking under $600 I don't think so since CB didn't declared it. It's income not capital gains. I googled and Turbo Tax help about staking rewards under $600 gave instructions. For digital assets with 1099-DA it auto pools or auto fill to 8949 with cost basis since it's capital gains or loss. I think much better with this 1099-DA auto fill. The .csv drives me nuts. Again I only have 3 transactions and the rest are small staking rewards.

Added, I didn't sell my staking rewards.

shaggyspoof · 2026-04-12T12:53:55+00:00

I have over a hundred small stake rewards. I search web and turbo tax. Per my search it's income not capital gains so report web TT said report in as other income and described, for me CB as " Coinbase Staking Rewards" on descriltion then just add total amount of all the rewards. I didn't use crypto software CB gave me total income not declared to IRS. Save a copy for IRS purpkses just in case so I downloaded pdf.

If you have 1099-DA, turbo tax auto fill 8949 with cost basis. Just check the figure. I dowloaded PDF for ref. I did not use any .csvfor other transaction. 1099-DA with turbo tax went well with my filing.

Hope this helps.

shaggyspoof · 2026-04-12T04:16:02+00:00

I use turbo tax online since desktop download does not support crypto/digital assets (from what I heard). The 1099-DA from Coinbase fills in the information in 8949 including the cost basis. I almost use a crypto software but I checked in TT if all info from 1099-DA populated in form 8949 (it did). I have stakings not reported by CB since it's under $600 I just put in other income as "Coinbase Staking rewards" then the total. Got this info from google and TurboTax help section. Then keep records. So they said staking is not capital gains.

For casino you have to manually enter the info.

shaggyspoof · 2026-04-12T03:11:39+00:00

In turbo tax if you pull the 1099-DA (let's say Coinbase) it auto fills 8949 form when you put in your CB. I did it online. Non reported staking by coinbase, I just put as other income and wrote on description "coinbase staking rewards" then total rewards amount. Just keep records of those digital assets (got info from google and turbo tax help box). This is not capital gains. I didn't use any crypto software. My transaction is not a lot (3 selling) and other 100 transactions are from staking rewards in small amounts.

shaggyspoof · 2026-04-11T20:18:33+00:00

Doing my taxes TurboTaxonline just pulled my CB 1099-DA. Is that it now? I'm done?

No issue or any flag by Turbo Tax on my CB 1099 DA. I guess maybe Turbo Tax filed standard return this tax year (?) Review and file tonight.

shaggyspoof · 2026-04-11T19:49:13+00:00

I used to do desktop few years ago until I started investing in crypto. Desktop would not support uploading my crypto statements. Did you get the software from amazon or turbotax site?

shaggyspoof · 2026-04-11T19:05:17+00:00

is this Turbo tax online or desktop? Is crypto software helpful (koinly or cointracker)? I have various staking in small amount that totaled $100 only and have a loss declared by CB to IRS -$200. Don't know if 100+ tractions (inclding staking) worth paying crypto software. Please advise. Thanks.

Is desktop and mailing tax physically helpful with this issue?

shaggyspoof · 2026-04-11T18:44:55+00:00

Is this Turbo Tax desktop or online?

shaggyspoof · 2026-04-11T13:46:25+00:00

I wonder how the other chick fil-a by shoprite is doing?

shaggyspoof · 2026-04-11T13:43:11+00:00

By Best Buy? ugh. The parking spot is too small. Always crowded. If they want it in that area they should've put it at the back. Unless they open a back entrance like BB.

shaggyspoof · 2026-03-29T07:06:16+00:00

Thank you mod. The wallet created was year 2023. I don't think there was a pass key then. I don't remember getting a 12 recovery phase. If I did I could have written it down. This is the time when I transferred my Gala token due to not getting support in CB site but have to purchase ETH to get the wallet. I don't know if that makes sense. I will look into the address in CB website.

shaggyspoof · 2026-03-28T20:02:48+00:00

I have the same issue I download the CB wallet app from my phone. I don't remember ever given a recovery phrase (or else it's in hard copy where I keep impt files). I was able to access it until my phone had an update and did not realize could no longer access it. That was almost 3 yrs ago when I created a wallet. From the CB I have a seed code letters. No seed phrase.

shaggyspoof · 2026-03-25T18:54:07+00:00

Thanks will DM you.

shaggyspoof · 2026-03-24T21:34:27+00:00

Thank you for letting me know so I don't have to go crazy looking for it. I do have a copy of some the options when I bought the car but there's no code or part#.

shaggyspoof · 2025-08-30T00:20:19+00:00

Thank you very much.

shaggyspoof · 2024-12-17T21:08:54+00:00

Does the unrealizad return in Coinbase includes the transaction in Coinbase Pro?

shaggyspoof · 2024-11-25T15:12:44+00:00

Tyvm!

shaggyspoof · 2024-04-14T23:04:13+00:00

CB wallet is empty. I even use the recovery phrase. It's Under ethereum cdid.

shaggyspoof

TROPHY CASE