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Capital Gains Tax — DeFi yield farming tax treatment

Started by help_me_investor_TX · Jan 20, 2025 · 1,115 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
HM
help_me_investor_TX OP

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

DeFi yield farming tax treatment. I've been dealing with this for about 3 months now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

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

CP
confused_parent_NY

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

SA
seeking_advice_tenant_NC

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

FK
FreelancerKate

I've seen this play out several times in my field.

What worked for me was having everything documented. It took 3-6 months but was worth it.

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