It depends on whether your cryptocurrency was considered earned income or treated as a property sale. To help you determine which of these two possibilities applies to your situation, read through the following scenarios:
Under Wages and Income, scroll down to Income from 1099-MISC.
Enter the 1099-MISC exactly as printed, and then Continue.
Enter Cryptocurrency under "Other".
Describe the reason for this 1099-MISC: REASON
Select None of these apply, then Continue.
Select No, it didn’t involve work….. and Continue.
Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.
Select No, IF it didn’t involve an intent to earn money, then Continue.