#USCryptoStakingTaxReview
💰 Crypto Staking & U.S. Taxes — What You Need to Know
Staking rewards are not “free money” in the eyes of the IRS. In the U.S., staking rewards are generally treated as taxable income at their fair market value when received.
🔹 Earn rewards? → Income tax may apply
🔹 Sell or swap later? → Capital gains tax may apply
🔹 Accurate record-keeping is essential
As crypto regulations evolve, staying compliant can protect you from unexpected tax issues. Always review current IRS guidance or consult a tax professional before filing.