Monday July 7, 2025

IRS: Frozen Crypto Rewards Taxable Despite Account Lockdowns

IRS: Frozen Crypto Rewards Taxable Despite Account Lockdowns

by Kevin Helms November 2, 2024 1 min read

(Originally posted on : Bitcoin News )

Crypto rewards received before an account freeze are taxable in the year they’re received, even if holders can’t access their funds later, the IRS says. IRS Clarifies Tax Rules for Digital Assets in Locked Accounts The Internal Revenue Service (IRS) issued a memorandum in October, addressing the tax obligations of digital asset rewards in accounts […]

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by Sergio Goschenko July 7, 2025 1 min read

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Bitcoin (BTC) $ 108,716.00
Bitcoin (BTC) $ 108,716.00
Ethereum (ETH) $ 2,562.28
Ethereum (ETH) $ 2,562.28
Tether (USDT) $ 0.999977
Tether (USDT) $ 0.999977
XRP (XRP) $ 2.28
XRP (XRP) $ 2.28
BNB (BNB) $ 662.17
BNB (BNB) $ 662.17
Solana (SOL) $ 153.19
Solana (SOL) $ 153.19
USDC (USDC) $ 0.999901
USDC (USDC) $ 0.999901
TRON (TRX) $ 0.287695
TRON (TRX) $ 0.287695
Dogecoin (DOGE) $ 0.171050
Dogecoin (DOGE) $ 0.171050
Lido Staked Ether (STETH) $ 2,562.38
Lido Staked Ether (STETH) $ 2,562.38
Cardano (ADA) $ 0.587619
Cardano (ADA) $ 0.587619
Wrapped Bitcoin (WBTC) $ 108,711.00
Wrapped Bitcoin (WBTC) $ 108,711.00
Hyperliquid (HYPE) $ 39.62
Hyperliquid (HYPE) $ 39.62
Wrapped stETH (WSTETH) $ 3,102.28
Wrapped stETH (WSTETH) $ 3,102.28
Sui (SUI) $ 2.90
Sui (SUI) $ 2.90
Bitcoin Cash (BCH) $ 495.96
Bitcoin Cash (BCH) $ 495.96
Chainlink (LINK) $ 13.59
Chainlink (LINK) $ 13.59
LEO Token (LEO) $ 9.05
LEO Token (LEO) $ 9.05
Stellar (XLM) $ 0.251596
Stellar (XLM) $ 0.251596
Avalanche (AVAX) $ 18.18
Avalanche (AVAX) $ 18.18
USDS (USDS) $ 0.999841
USDS (USDS) $ 0.999841
Shiba Inu (SHIB) $ 0.000012
Shiba Inu (SHIB) $ 0.000012
Toncoin (TON) $ 2.80
Toncoin (TON) $ 2.80
Wrapped eETH (WEETH) $ 2,747.01
Wrapped eETH (WEETH) $ 2,747.01
Hedera (HBAR) $ 0.159644
Hedera (HBAR) $ 0.159644
WETH (WETH) $ 2,562.16
WETH (WETH) $ 2,562.16
Litecoin (LTC) $ 87.03
Litecoin (LTC) $ 87.03
WhiteBIT Coin (WBT) $ 45.15
WhiteBIT Coin (WBT) $ 45.15
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999906
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999906
Monero (XMR) $ 319.81
Monero (XMR) $ 319.81
Coinbase Wrapped BTC (CBBTC) $ 108,745.00
Coinbase Wrapped BTC (CBBTC) $ 108,745.00
Ethena USDe (USDE) $ 1.00
Ethena USDe (USDE) $ 1.00
Polkadot (DOT) $ 3.39
Polkadot (DOT) $ 3.39
Bitget Token (BGB) $ 4.34
Bitget Token (BGB) $ 4.34
Uniswap (UNI) $ 7.38
Uniswap (UNI) $ 7.38
Aave (AAVE) $ 287.20
Aave (AAVE) $ 287.20
Pepe (PEPE) $ 0.000010
Pepe (PEPE) $ 0.000010
Dai (DAI) $ 0.999803
Dai (DAI) $ 0.999803
Pi Network (PI) $ 0.459028
Pi Network (PI) $ 0.459028
Ethena Staked USDe (SUSDE) $ 1.18
Ethena Staked USDe (SUSDE) $ 1.18
Bittensor (TAO) $ 325.39
Bittensor (TAO) $ 325.39
OKB (OKB) $ 48.49
OKB (OKB) $ 48.49
Aptos (APT) $ 4.46
Aptos (APT) $ 4.46
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Jito Staked SOL (JITOSOL) $ 186.04
Jito Staked SOL (JITOSOL) $ 186.04
NEAR Protocol (NEAR) $ 2.17
NEAR Protocol (NEAR) $ 2.17
Internet Computer (ICP) $ 4.82
Internet Computer (ICP) $ 4.82
Cronos (CRO) $ 0.081726
Cronos (CRO) $ 0.081726
Ethereum Classic (ETC) $ 16.59
Ethereum Classic (ETC) $ 16.59
Ondo (ONDO) $ 0.791102
Ondo (ONDO) $ 0.791102
sUSDS (SUSDS) $ 1.06
sUSDS (SUSDS) $ 1.06
USD1 (USD1) $ 0.999448
USD1 (USD1) $ 0.999448
Kaspa (KAS) $ 0.076938
Kaspa (KAS) $ 0.076938
Mantle (MNT) $ 0.574727
Mantle (MNT) $ 0.574727
Fasttoken (FTN) $ 4.44
Fasttoken (FTN) $ 4.44
Cosmos Hub (ATOM) $ 4.07
Cosmos Hub (ATOM) $ 4.07
Gate (GT) $ 15.59
Gate (GT) $ 15.59
Bonk (BONK) $ 0.000023
Bonk (BONK) $ 0.000023
VeChain (VET) $ 0.020668
VeChain (VET) $ 0.020668
Artificial Superintelligence Alliance (FET) $ 0.670719
Artificial Superintelligence Alliance (FET) $ 0.670719
Official Trump (TRUMP) $ 8.61
Official Trump (TRUMP) $ 8.61
Sky (SKY) $ 0.079088
Sky (SKY) $ 0.079088
Ethena (ENA) $ 0.262973
Ethena (ENA) $ 0.262973
POL (ex-MATIC) (POL) $ 0.185239
POL (ex-MATIC) (POL) $ 0.185239
Render (RENDER) $ 3.21
Render (RENDER) $ 3.21
Lombard Staked BTC (LBTC) $ 109,034.00
Lombard Staked BTC (LBTC) $ 109,034.00
Arbitrum (ARB) $ 0.332116
Arbitrum (ARB) $ 0.332116
Filecoin (FIL) $ 2.28
Filecoin (FIL) $ 2.28
Binance-Peg WETH (WETH) $ 2,562.09
Binance-Peg WETH (WETH) $ 2,562.09
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.52
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.52
Algorand (ALGO) $ 0.176037
Algorand (ALGO) $ 0.176037
Worldcoin (WLD) $ 0.882565
Worldcoin (WLD) $ 0.882565
First Digital USD (FDUSD) $ 0.999373
First Digital USD (FDUSD) $ 0.999373
USDtb (USDTB) $ 0.999689
USDtb (USDTB) $ 0.999689
Sei (SEI) $ 0.261901
Sei (SEI) $ 0.261901
Binance Staked SOL (BNSOL) $ 162.44
Binance Staked SOL (BNSOL) $ 162.44
KuCoin (KCS) $ 10.98
KuCoin (KCS) $ 10.98
USDT0 (USDT0) $ 1.00
USDT0 (USDT0) $ 1.00
Jupiter (JUP) $ 0.442900
Jupiter (JUP) $ 0.442900
SPX6900 (SPX) $ 1.33
SPX6900 (SPX) $ 1.33
Kelp DAO Restaked ETH (RSETH) $ 2,686.71
Kelp DAO Restaked ETH (RSETH) $ 2,686.71
NEXO (NEXO) $ 1.22
NEXO (NEXO) $ 1.22
Rocket Pool ETH (RETH) $ 2,919.81
Rocket Pool ETH (RETH) $ 2,919.81
Fartcoin (FARTCOIN) $ 1.20
Fartcoin (FARTCOIN) $ 1.20
Flare (FLR) $ 0.016524
Flare (FLR) $ 0.016524
Celestia (TIA) $ 1.63
Celestia (TIA) $ 1.63
Polygon Bridged USDT (Polygon) (USDT) $ 0.999825
Polygon Bridged USDT (Polygon) (USDT) $ 0.999825
XDC Network (XDC) $ 0.064646
XDC Network (XDC) $ 0.064646
Injective (INJ) $ 10.55
Injective (INJ) $ 10.55
Virtuals Protocol (VIRTUAL) $ 1.54
Virtuals Protocol (VIRTUAL) $ 1.54
Stacks (STX) $ 0.652900
Stacks (STX) $ 0.652900
Sonic (S) $ 0.310541
Sonic (S) $ 0.310541
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999706
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999706
Mantle Staked Ether (METH) $ 2,742.91
Mantle Staked Ether (METH) $ 2,742.91
StakeWise Staked ETH (OSETH) $ 2,691.92
StakeWise Staked ETH (OSETH) $ 2,691.92
Pudgy Penguins (PENGU) $ 0.015197
Pudgy Penguins (PENGU) $ 0.015197
Optimism (OP) $ 0.544598
Optimism (OP) $ 0.544598
SyrupUSDC (SYRUPUSDC) $ 1.11
SyrupUSDC (SYRUPUSDC) $ 1.11
PAX Gold (PAXG) $ 3,312.28
PAX Gold (PAXG) $ 3,312.28
Solv Protocol BTC (SOLVBTC) $ 108,644.00
Solv Protocol BTC (SOLVBTC) $ 108,644.00