WebIndividual taxpayers can report their staking rewards as ‘Other Income’ on Form 1040 Schedule 1. Businesses that earn staking rewards as part of their trade can report their income on Schedule C. Any expenses related to staking can be written off (provided they can be proven and they are a necessary part of business operations). WebJan 16, 2024 · The new platform centers on the idea of trading cryptocurrency claims owed to creditors hit by the collapse of numerous crypto-related ventures, a reported $20 billion market, according to the pitch deck. Zhu confirmed the news but said GTX isn’t the company’s final name, as reported by the Wall Street Journal.
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