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If you send crypto to a contract that pays rewards but the original investment cannot be returned, do you claim as income after the original investment is met?
For example, you send $100 worth of crypto to a contract. From you which receive $40, $60, $30 and $20. Is each dollar amount received viewed as income? Or, is the $40, $60 not viewed as income since it totals $100 (original investment) and the remaining $30 and $20 is viewed as income?
Thank you
Thank you
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‎January 15, 2023
9:39 AM