Cryptocurrency Q&A
How to claim airdrops in the US?
How to claim airdrops in the US?
mia_rose_lawyer
Sun Oct 27 2024
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6 answers
1282
I don't understand this question. Could you please assist me in answering it?
6 answers
QuasarGlider
Tue Oct 29 2024
Taxpayers must report the fair market value of airdrops received as income.
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KimchiQueenCharmingKissWarmth
Tue Oct 29 2024
In the United States, airdrops are considered taxable events.
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MysterylitRapture
Mon Oct 28 2024
This applies regardless of whether the airdrops are sold or held onto in the future.
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noah_doe_writer
Mon Oct 28 2024
When airdrops are sold, they are taxed as capital gains or losses.
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SilenceStorm
Mon Oct 28 2024
The capital gains or losses are calculated based on the difference between the sale price and the original fair market value reported as income.
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