Cryptocurrency Q&A
Do I have to report staking rewards?
Do I have to report staking rewards?
Valeria
Mon Dec 30 2024
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5 answers
834
I received staking rewards from a crypto investment and I'm wondering if I need to declare these rewards to the authorities for tax purposes.
5 answers
CoinMasterMind
Wed Jan 01 2025
This means that once you receive your staking rewards, they are taxable as income.
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RubyGlider
Wed Jan 01 2025
The question of whether one has to pay tax on selling staking rewards arises frequently.
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DigitalCoinDreamer
Wed Jan 01 2025
For US taxpayers, the answer is generally yes.
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Maria
Wed Jan 01 2025
Staking rewards are considered income upon receipt.
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TaegeukChampionCourageousHeartWarrior
Tue Dec 31 2024
Additionally, when you dispose of these rewards, such as by selling them, they are taxed again as capital gains.
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