Do you stake your crypto assets on proof-of-stake networks? Then you should know that the IRS has a new guidance on how to tax your staking rewards. 😮

The IRS says that staking rewards are gross income in the year you get them, and you have to report them on your tax return. The value of the rewards is based on when you can sell, exchange, or use them. This applies whether you stake your crypto yourself or through an exchange. 😑

I think this is unfair and unclear, because staking rewards are not like regular income. They are more like mining rewards, which are taxed only when they are sold. Staking rewards also change in value and have fees, which can lower their worth. 😠

What do you think? Do you agree with the IRS or do you want them to change their rules? Tell me in the comments! And please like and share this post with your crypto buddies! #crypto #staking #taxes #IRS 🚀