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.

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