RE: Three examples of Social Conforming

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There's no where that I know of that the IRS declares that crypto should be treated like stock options.

You said:

Income is only income when it is turned into dollars, according to my interpretation (which is completely valid).

I was letting you know that the IRS doesn't agree with you that income is only income when turned into dollars, and benefits and stock options are the examples it gives.

Crypto is super confusing from a tax point of view because there can be so many transactions involved. Everyone obviously needs a lot more clarity in this space, but it's probably not ideal to just ignore a whole income stream and declare everyone who is trying to work it out is scared.



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