THE TRUTH ABOUT YOUR FUTURE with Ric Edelman cover image

3/3/23: Ever Heard of Ordinals?

THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

00:00

The IRS Treats Income Earned From Staking

The IRS hasn't published any guidance on how to treat the income you earn from staking. Most practitioners in the tax community say, hey, listen, that certainly feels like ordinary income. So again, we need to recognize that there's no special tax dodge,. No tax avoidance that you can engage in to hide your profits in the world of crypto.

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