Cost of staking ,how do we add that cost in koinly

Cost of staking ,how do we add that cost in koinly.

My cost for a server can be 1000 year

Canada

Hi @PR99,

The CRA has indicated that it considers most mining and staking operations to be business activities and subject to business income tax.

If your cost of staking (such as your cost for a server) is not paid in crypto, then it should not be recorded in Koinly. If you are paying the cost of staking in crypto, then the transactions should be tagged as Costs and deducted from staking Income for income tax purposes.

Fiat costs of staking would also be deductible business expenses on your income tax return.