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Janne-S.

Just to make sure: the rewards can also indefinitely stay

in the smart contract and there’s no special need to claim them at all?

#cryptocurrency #english #syntropy
0

7 ответов

24 просмотра
Janne-S. Автор вопроса

Yep, if I chose to leave them there. Just wanted to make sure I don’t need to stress about claiming them. I’m also not sure when PoS rewards become a taxable event. Until I’ve figured that out I’ll just leave the rewards be

0
21.10.2021
Jonathan-K.
Janne S.
Yep, if I chose to leave them there. Just wanted t...

As far as I know, (in the US at least), PoS rewards are taxed both as income upon receipt (so keep track of how much u earn - # of tokens at exact price upon receiving), and taxed again as capital gains when converting to fiat. 🤢😵‍💫

0
21.10.2021
NomNomCoins-
Jonathan K.
As far as I know, (in the US at least), PoS reward...

Super painful haha. I've been using CoinTracking and other services. Plugging in your address has the software calculate the info

0
21.10.2021
Connor-
Jonathan K.
As far as I know, (in the US at least), PoS reward...

Oof, from what I understand here PoS and PoW earnings are just covered under capital gains here in UK

0
21.10.2021

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