IRS Declares Crypto Staking Rewards Taxable Amid Lawsuit

1 month ago 23

JmpTo - Ultimate URL Shortener

The Internal Revenue Service (IRS) has clarified its stance on the taxation of cryptocurrency staking rewards, stating that such rewards are taxable upon receipt. The announcement comes amid an ongoing lawsuit filed by crypto investor Joshua Jarrett. Joshua challenges...

BitNews shares this Content always with

Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)

License.

Read Entire Article

Screenshot generated in real time with SneakPeek Suite