Yes. If you earned at least $600 through staking or Learn and Earn rewards, Binance.US issues 1099-MISCs and reports to the IRS . These kinds of incomes are classified as ordinary income.
Read moreWhat ID can I use in Binance?
Driver’s License / Government-issued photo ID . Passport. Social security number. PAN card.
Read moreDo you need to verify identity on Binance?
Binance requires all users to complete Identity Verification to increase their account security and to comply with countries’ regulations . Therefore, you might be asked to re-verify your Binance account from time to time.
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