SOS: deFi yield farming tax treatment

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Started by tort_reform_this_35 · Jan 23, 2025 · 1,732 views · 5 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
TR
tort_reform_this_35 OP

Has anyone dealt with something like this? I'm not sure what my options are.

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

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

LB
legally_bland_10

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

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

LP
laura.p_3

Been there. Here's what I learned.

A lot of people mess up by is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

FT
frank_the_tank_22

Have you tried reaching out to your state's attorney general? They sometimes have free resources or mediation services.

PN
pls_no_judge_26

Following this thread — Same. 100% same. Please update.

ET
eric_the_eric_24

NAL, but from what I've read, you should check your state's specific laws. But honestly you should verify this with someone who knows your state's laws.