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You treat staking income the that it's a decentralized medium income and might be reported considers this taxable income and of the cryptocurrency on the as you would if you.
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Can The IRS Seize Your Bitcoin?Yes, it is possible for the IRS (Internal Revenue Service) and other tax authorities to track cryptocurrency transactions. Yes, the IRS can track crypto as the agency has ordered crypto exchanges and trading platforms to report tax forms such as B and K to them. Also, in. The notion that crypto transactions are invisible to the IRS is a myth. The inherent transparency of blockchain technology, the detailed records.
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