I deposited $4,750 PYUSD into a staking app. I withdrew $4,761 PYUSD making $11 PYUSD reward.
What do I need to change so I see this $11 reward and am not taxed on the whole deposit.
I deposited $4,750 PYUSD into a staking app. I withdrew $4,761 PYUSD making $11 PYUSD reward.
What do I need to change so I see this $11 reward and am not taxed on the whole deposit.
You should tag your staking transactions and add a deposit tagged as reward into the Pool wallet. This is explained in the article below:
Staking and farming tokens