“Free” Tokens Aren’t Free — How Crypto Airdrops Are Taxed in 2026 and What the IRS Already Knows About Yours
In September 2020, Uniswap sent 400 UNI tokens to anyone who had ever used the protocol. At the time, they were worth about $3.30 each, a total of roughly $1,320. No big deal. Except that by the time those tokens peaked, they were worth over $14,000. And every single recipient owed income tax on the...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
