Crypto.com Visa Card CRO Rewards

How should Crypto.com Visa Card CRO cashback rewards be classified? I’ve seen mixed reported on this issue, so I’m not 100% sure whether this simply goes down as income/classified as “Bounty”/or whatever else.

Thanks in advance. :slightly_smiling_face:

Let me get back to you on the specifics :slight_smile:

As of now, here is what I can offer.
Here is the breakdown of classifications: Crypto Tax Classifications : Accointing AG
Here is how you are taxed per classification: You searched for classifications - The Hub on ACCOINTING.com

From what I can tell, for Americans, classify the Credit Card Rewards as Add Funds, since it is a non-taxable event in the USA. We are currently looking into this for other countries.