What if I receive a small amount of bitcoins (even if it's just a few cents worth) from a bitcoin faucet, does that also count as income?
*roll eyes* In Canada no, until you convert it to Fiat. In some places yes. But its not like you can declare that you received 0.0001$. You can add 0.01$ to your "Other income" field if it would make you feel better.
Are you trolling?
I'm not trolling, I am being serious and i'm sorry for sounding like an idiot.