🇺🇸 US IRS says crypto rewards must be reported as income i

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🇺🇸 US IRS says crypto rewards must be reported as income in taxable year. Crypto investors is that staking prizes will be subject to the same tax treatment - but the lack of consistency in taxation and unclear guidance has caused a lot of undue stress and confusion for US investors. The IRS is very clear that cryptocurrency is viewed and taxed as property. So taxing mining rewards and staking rewards as revenue is inconsistent with this view. #pepe #FTE_TN #WorldCoin #Multichain #FDUSD 👉Follow, Like, Comment & Share ❤

🇺🇸 US IRS says crypto rewards must be reported as income in taxable year. 
Crypto investors is that staking prizes will be subject to the same tax treatment - but the lack of consistency in taxation and unclear guidance has caused a lot of undue stress and confusion for US investors.
The IRS is very clear that cryptocurrency is viewed and taxed as property. So taxing mining rewards and staking rewards as revenue is inconsistent with this view.
#pepe  #FTE_TN  #WorldCoin  #Multichain  #FDUSD  
👉Follow,  Like, Comment & Share ❤