IRS Says Tokens Earned from Crypto Staking are Taxable
✨ The IRS insists that tokens earned from crypto staking are taxable income despite a previous favorable settlement for Joshua Jarrett.
✨ Jarrett argues staking rewards should qualify as new property, not income, challenging the IRS's stance in a renewed lawsuit.
✨ The outcome of this case could set a precedent impacting US crypto users amid rising IRS scrutiny and policy changes.
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