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.
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.
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 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, 20245:34 PM
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