Members-only forum — Email to join

Day Trading Tax Treatment — DeFi yield farming tax treatment

Started by desperate_worker_question · Mar 21, 2023 · 3,536 views · 9 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
DW
desperate_worker_question OP

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

DeFi yield farming tax treatment. I've been dealing with this for about 8 months now and the situation isn't improving.

I have already tried to resolve this directly but the other party is not cooperating.

Do I have a strong case? What should my next steps be?

TR
TruckerRights_OH

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

In my case, it took about 3-6 months to resolve. The key was having everything documented.

TL
Mod_TermsLaw Moderator

I practice in this area. Here's my take on the legal issues.

The legal framework here involves both federal and state law. At the federal level, the relevant statute. Your state may provide additional protections.

You should consult with a local attorney who handles these cases. Many offer free initial consultations.

AB
AgentBroker_TX

I've dealt with this before.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

SA
seeking_advice_dev_2026

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

CM
ContractorMike_CA

Not a lawyer, but I have direct experience with this.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

DS
DevOps_Seattle

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

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

RE
RemoteWorker_EU

Been there. Here's what I learned.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

PJ
Paralegal_Jen

I've dealt with this before.

The biggest mistake people make in this situation is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

SA
seeking_advice_trader_TX

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

Want to participate in this discussion?

Email owner@terms.law to request access