I'm considering staking on Coinbase and I'm wondering if the earnings from staking are taxable. I want to understand the tax implications before I make a decision.
7
answers
Valentina
Thu Feb 13 2025
Income derived from staked ETH will be treated as taxable income.
CharmedEcho
Thu Feb 13 2025
This taxable status applies when Coinbase customers gain access to their staked ETH.
SsamziegangStroll
Thu Feb 13 2025
The timing of taxation is determined by when customers can unstake their ETH.
CryptoGladiator
Thu Feb 13 2025
Regarding staked ETH, it's crucial to understand the tax implications.
Riccardo
Thu Feb 13 2025
It doesn't matter if the user decides to unstake or continue staking.