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Get your taxes done using TurboTax
They ARE income, but you're using that income against the Celsius losses that you took. So you aren't paying taxes on receiving them now. You WILL pay taxes on any profit you make when you sell them so you need to keep records of what they were worth on the day that you received them so you know the basis of the currency when you sell it.
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March 7, 2024
8:44 AM
2,808 Views