The Internal Revenue Service offered a Tennessee couple a refund on income taxes paid for unsold staking rewards as part of what appears to be a settlement in an ongoing legal fight – a move industry experts say signals an important shift in the way the IRS views crypto staking.
In December 2021, attorneys for the IRS wrote to Jarrett and his wife’s attorneys to inform them that the IRS had been “authorized and directed to schedule an overpayment of $3,793, plus statutory interest.”
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