|
Jan 29
|
|
—
|
WATCH
|
Laura Walter
Founder/CPA, CryptoTaxGirl
|
"You're supposed to include your mining rewards as income on the day you receive them... You're just accumulating these rewards which technically could go to zero... but you have to include as income." Miners and Stakers owe tax based on the price *at the moment of receipt*. If the market crashes subsequently, they still owe tax on the higher value. This forces miners to be structural sellers of their inventory to cover tax liabilities immediately, rather than holding for appreciation, creating constant sell pressure. WATCH. Be wary of holding miners during high-volatility downtrends, as their tax liability remains fixed while their asset value drops (the "death spiral"). The "Parity Act" could pass, allowing tax deferral until sale, which would be massively bullish for this sector. |
Unchained (Chopping Block)
Your 2025 Crypto Tax Guide: What You Need To ...
|