sanjay311
New Member

Which form to use to report Crypto staking rewards ? I got a summary from Wealthsimple giving an CAD value for staking rewards and CAD value for staking fees charged.

The staked crypto is ETH and its just a hobby as my staking rewards is <$100. I also didnt sell the underlying crypto.
‎March 24, 2024 4:55 PM
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TurboTaxSusan
Moderator
Moderator

Getting started

The CRA has no clear information on how to treat staking on their website. So, I would recommend calling them to see how they would like staking to be reported.

 

If you are in Canada or the United States, you can call the CRA at 1-800-959-8281. If you are elsewhere, you can call 613-940-8495. This page has more ways to contact the CRA: Contact the Canada Revenue Agency

‎March 24, 2024 5:34 PM
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