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The irs treats crypto staking, lending, and defi rewards as taxable income. The irs treats crypto staking, lending, and defi rewards as taxable income. This guide explains when your staking rewards are taxable, how the taxes work, and how to report your rewards in the us, The irs treats crypto as property not currency, and staking rewards are considered ordinary income when received. Crypto is taxed as property by the irs.
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