Cryptocurrency Q&A Is staking on Coinbase taxable?

Is staking on Coinbase taxable?

Daniele Daniele Tue Feb 11 2025 | 7 answers 1408
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. Is staking on Coinbase taxable?

7 answers

Valentina Valentina Thu Feb 13 2025
Income derived from staked ETH will be treated as taxable income.

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CharmedEcho CharmedEcho Thu Feb 13 2025
This taxable status applies when Coinbase customers gain access to their staked ETH.

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SsamziegangStroll SsamziegangStroll Thu Feb 13 2025
The timing of taxation is determined by when customers can unstake their ETH.

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CryptoGladiator CryptoGladiator Thu Feb 13 2025
Regarding staked ETH, it's crucial to understand the tax implications.

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Riccardo Riccardo Thu Feb 13 2025
It doesn't matter if the user decides to unstake or continue staking.

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