Staking Reward (tax context) vs Taxable Event
Quick comparison to help you distinguish these two crypto terms.
Staking Reward (tax context)
intermediate
fundamentals
Cryptocurrency earned by participating in a proof-of-stake network, treated by most tax authorities as ordinary income at the fair market value on the date rewards are received.
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beginner
fundamentals
Any cryptocurrency transaction or activity that creates a legal obligation to report and potentially pay tax to government authorities under applicable tax law.
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