Forum → Crypto & DeFi

IRS Audit | DeFi yield farming tax treatment

I publish illustrative scenarios prepared by my practice. The participants and conversations are fictional. These are not posts by real users, accounts of client experiences or reports of actual results.

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.

startuplife_13 OP Apr 1, 2023

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?

nothing_but_the_truth_33 May 30, 2023

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

diana_v_12 Sep 7, 2023

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.

IRS Audit | DeFi yield farming tax treatment

Related Resources