Why a Crypto ‘Airdrop’ May Actually Be Taxable Income — Explained Simply
In the U.S., many crypto airdrops can be taxable as ordinary income when you gain “dominion and control” over the tokens, typically valued at their fair market value on the date you can access or sell them. The IRS generally treats newly received tokens like compensation or other income even if you didn’t pay cash […]
Why a Crypto ‘Airdrop’ May Actually Be Taxable Income — Explained Simply Read More »
