Saim Akif

CPA, CFA, CAMS, Realtor

Cryptocurrency and Virtual Currency Accounting
Real Estate and Construction Accounting

Saim Akif, CPA, CFA, CAMS, Realtor

I am staking TIME at Wonderland, how am I taxed?

Hey Saim, how is staking TIME taxed?

Same way as investment in other Defi Protocols. When you earn income from staking, such income is taxed at ordinary income tax rates.

See detailed answer on DeFi protocol Taxation for more details.

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