🚨 I was shocked when I first learned this about crypto staking in the US…
XRP
2.0947
-1.45%
ETH
3,092.43
-0.51%
SOL
136.09
-2.10%
If you’re earning rewards from crypto staking, the IRS may already see it as taxable income 💸 — even before you sell.
Yes, staking rewards are usually taxed at fair market value the moment you receive them, not just when you cash out.
⚠️ Miss this, and you could face penalties later.
📌 Key things to know:
Staking rewards = income tax
Selling later = capital gains tax
Records matter more than ever
Crypto isn’t just about gains — it’s about staying compliant.
Always review your staking taxes before it’s too late.