<ul><li>The IRS maintains that staking rewards are taxable as income upon receipt, not upon sale.</li><li>The Jarretts’ legal challenge seeks to classify staking rewards as property, delaying taxation until sale.</li><li>The outcome of this case could reshape US tax policy on cryptocurrency staking rewards.</li><li>The IRS reinforces its stance that cryptocurrency staking rewards should be taxed as income upon receipt, dismissing arguments for deferred taxation until sale.</li></ul>

What’s at Stake for Crypto Holders? IRS Staking Rewards Tax Battle

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