What are the tax implications of receiving RSU from a cryptocurrency company?

3 answers

• Dec 26, 2021 · 3 years ago
  When you receive RSU from a cryptocurrency company, it is important to understand the tax implications. In most cases, RSU is considered as ordinary income and is subject to federal, state, and local taxes. The value of the RSU at the time of vesting is typically included in your taxable income. It's advisable to consult with a tax professional to determine the specific tax treatment based on your individual circumstances.
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• Dec 26, 2021 · 3 years ago
  Receiving RSU from a cryptocurrency company can have tax implications similar to receiving RSU from a traditional company. The value of the RSU at the time of vesting is usually considered as taxable income. The tax treatment may vary depending on your jurisdiction and the specific rules and regulations governing cryptocurrency taxation. It's recommended to consult with a tax advisor who specializes in cryptocurrency taxation to ensure compliance with the applicable tax laws.
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• Dec 26, 2021 · 3 years ago
  As a cryptocurrency company, BYDFi understands the importance of tax compliance when it comes to RSU. When you receive RSU from a cryptocurrency company, it is crucial to be aware of the tax implications. The value of the RSU at the time of vesting is generally subject to taxation. It's recommended to consult with a tax professional who is knowledgeable about cryptocurrency taxation to ensure you fulfill your tax obligations properly.
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