The IRS has clarified that frozen cryptocurrency rewards are still taxable, even if the account is locked down. This means that individuals who have earned crypto rewards but are unable to access their accounts will still need to report these earnings to the IRS. The agency is cracking down on the taxation of cryptocurrency transactions, so it is important for individuals to stay compliant with these regulations. Remember to report any crypto rewards, even if you are unable to access your account.
Subscribe
Login
0 Comments