Saim Akif
CPA, CFA, CAMS, Realtor
Cryptocurrency and Virtual Currency Accounting
Real Estate and Construction Accounting
Saim Akif, CPA, CFA, CAMS, Realtor
How are income from nodes taxed?
Hey Saim, are nodes considered income and how are they taxed?
Nodes are taxed at two levels: Income at first , then as Capital Gains typically after one year.
Your cost basis would most likely be the same as income recorded.
© Saim Akif, 2021