How is staking crypto taxed

how is staking crypto taxed

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What are the Taxes for Staking Crypto? (CAUTION to Investors)
It's a murky issue, but in general, staking rewards are subject to Income Tax based on the fair market value of the coins at the point you receive them. You'll. Cryptocurrency that you have received through mining and/or staking rewards received by holding proof of stake coins is treated as ordinary income per IRS. Staking rewards via staking pools are.
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