How do I track crypto staking rewards in PortfolioPilot?
PortfolioPilot doesn't automatically track staking rewards as income events, but you can handle them in two ways:
- For connected crypto accounts: If your exchange (e.g. Coinbase) is connected via Plaid or SnapTrade, staking rewards that appear as new balance additions should sync automatically as part of your updated holdings — they show up as an increased quantity of the staked asset in Net Worth.
- For manual tracking: Periodically update the quantity or value of the staked asset in Net Worth to reflect accumulated rewards.
- For retirement income modeling: If staking rewards are a meaningful income source, go to Retirement Planner → Money in & out tab → Recurring income or expenses → + Add payment → Custom payment, and enter the expected annual amount and duration.
Note: For tax purposes, staking rewards are generally treated as ordinary income in the US. Consult a CPA for your specific situation.