Crypto Staking Rewards are Income   Updated

The IRS considers staking rewards to be taxable income. This is because staking rewards are a form of income from whatever source it is derived. The IRS issued Revenue Ruling 2023-14 on July 31, 2023, which clarified its position on the tax treatment of staking rewards. The ruling states that staking rewards are included in gross income in the taxable year in which the taxpayer first can dispose of the cryptocurrency received. This short course gives an overview of the IRS's position on this subject.

This overview course may be appropriate for professionals at all organizational levels.

Checkpoint Learning is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.

At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).