US Treasury reiterates that the IRS won't consider crypto miners, stakers or coders to be brokers by the_postman_
In a letter to a group of senators, the Treasury has said that it does not plan to treat miners and stakers as brokers for the purposes of tax reporting.advertisement
"Existing regulations impose broker reporting obligations only on market participants engaged in business activities that provide them with access to information about sales of securities by taxpayers," the letter reads. The letter went to six senators, Cynthia Lummis, Mark R. Warner, Rob Portman, Kyrsten Sinema, Pat Toomey and Mike Crapo. The six were involved in efforts to
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