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Deposit Classification
Hobby or (self-employed) business activities for tax reporting purposes?
Why classifying deposits?
Automatic classification of deposits
Standard classification – acquisition at fair value
Account transfers – linking of deposits and withdrawals
Over the Counter – Purchases that do not take place on exchanges
Hard Fork – Coins you received from Hard Forks
Lending – Interest on the lending of coins
Staking – Income from participation in the Proof of Stake consensus
Airdrops – Coins you received from Airdrops
Mining – Coins that you have received through private mining
Margin Trading – Coins that you have earned through profits from Margin Trades
ICO – Coins you have received from participating in an Initial Coin Offering
Automatic classification of deposits – linking account transfers
Masternode – Coins you have earned by operating a Masternode
Bounties – Coins you received from Bounties
Swaps – Coins you received from tokenswaps