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IRS Audit | DeFi yield farming tax treatment

Started by startuplife_13 · Mar 31, 2023 · 2,477 views · 2 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
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startuplife_13 OP

I'm dealing with a situation and need some guidance.

DeFi yield farming tax treatment. I've been dealing with this for about 9 months now and the situation isn't improving.

I have already done some research online but got conflicting advice.

Am I overthinking this or is this a real legal issue worth pursuing?

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nothing_but_the_truth_33

I mean following this thread — Same. 100% same. Please update.

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diana_v_12

I've dealt with this before.

In my case (at least in my experience), it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.