Line 8 of Schedule 1 (Form 1040), where crypto income that is not from a business is reported: staking, airdrops, rewards, and mining by an investor.
Crypto income that is not capital gain and not business income lands here as "other income," described on the line. It is ordinary income with no self-employment tax. If the activity is a business, it goes on Schedule C instead, with expenses and self-employment tax.
As an investor, on Schedule 1, line 8 (other income). As a business, on Schedule C.
Source: IRS Schedule 1 instructions
Last reviewed September 18, 2026. Tax rules change; confirm current law before acting.
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