Jan harvey LisingDec 24, 2021 · 3 years ago6 answers What are the tax rules for earning staking rewards in cryptocurrency?
I would like to know the specific tax rules and regulations regarding earning staking rewards in cryptocurrency. How are these rewards taxed? Are they considered as regular income or capital gains? What are the reporting requirements for staking rewards? Are there any deductions or exemptions available for staking rewards? I want to ensure that I am compliant with the tax laws while earning staking rewards in cryptocurrency.