# Mining Income from mining pool - Income vs Payout - reflect tax/USD spot accurately

**URL:** <https://discuss.koinly.io/t/mining-income-from-mining-pool-income-vs-payout-reflect-tax-usd-spot-accurately/10933>\
**Category:** Koinly Support\
**Created:** [January 30, 2022, 8:00pm UTC](https://discuss.koinly.io/t/mining-income-from-mining-pool-income-vs-payout-reflect-tax-usd-spot-accurately/10933 "2022-01-30T20:00:02Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![DeeEye](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/deeeye/32/6566_2.png) [@DeeEye](https://discuss.koinly.io/u/DeeEye)\
**Post date:** [January 30, 2022, 8:00pm UTC](https://discuss.koinly.io/t/mining-income-from-mining-pool-income-vs-payout-reflect-tax-usd-spot-accurately/10933/1 "2022-01-30T20:00:02Z")

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Question on mining transactions. Right now I am flagging my incoming mining proceeds on my mining wallets as “mining” which therefore ensures I am taxed as income.

However, shouldn’t this be when the coins were mined, not when was sent to wallet? eg on f2pool it’s called “income records”

Any insight from other fellow miners?

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**Author:** ![system](https://canada1.discourse-cdn.com/flex052/uploads/koinly_app/original/1X/7ac58e5593a7122893d066794a7254dcdb5ddb31.png) [@system](https://discuss.koinly.io/u/system)\
**Post date:** [March 31, 2022, 8:00pm UTC](https://discuss.koinly.io/t/mining-income-from-mining-pool-income-vs-payout-reflect-tax-usd-spot-accurately/10933/2 "2022-03-31T20:00:26Z")

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