IRS Issues New Crypto Staking Guidance
Released Thursday, 10th August 2023
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IRS Issues New Crypto Staking Guidance
IRS Issues New Crypto Staking Guidance
Thursday, 10th August 2023
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The IRS released Revenue Ruling 2023-14 which describes cryptocurrency staking as taxable at the fair market value on the date it was received. Matt Metras joins the show to break down what this ruling means for crypto traders and how it may affect their taxes moving forward.
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