House Republicans Urge IRS to Overhaul Crypto Staking Tax Rules—Before 2025 Ends – Decrypt
In brief House Republicans are pushing the IRS to scrap a 2023 rule that taxes all crypto staking rewards as income. They argue staking rewards, which are generated by proof-of-stake networks, should only be taxed when sold off. The IRS rule, which the Trump administration has supported overhauling, locks in for the 2026 tax year...
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