Crypto From Employer

hanpug — Tue, 24 Feb 2026 08:04:32 GMT

I receive crypto payments as a form of benefit (restricted coin unit) from my employer. I have not cashed out any of this crypto. How do I report it? Will I have to pay taxes on it?

Re: Crypto From Employer

Anonymous — Wed, 15 Nov 2023 17:53:20 GMT

Hi @hanpug ,

Restricted Token Units awards are treated by the IRS as property received for performance of services. Tokens awarded will be taxed in the year is made if the fair market value of the tokens at the time of the awards is greater than the amount paid by the recipient will be taxed as ordinary income and subject to payroll taxes.

To help you better understand the tax implication of RTUs go to :

Cryptocurrency Compensation: A Primer on Token-Based Awards

Thank you!

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Crypto From Employer

Re: Crypto From Employer