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CRYPTO TAX LAWYER Explains: How to LEGALLY Avoid Crypto TaxesDo you pay tax on crypto staking? Yes, taxes apply to crypto staking. In , the IRS clarified that staking rewards are considered income. Income tax: Earning cryptocurrency is subject to income tax. Examples include earning staking income, receiving crypto as compensation for your. Mined crypto is generally not taxable at the time of receipt. However, when you sell your mined tokens, the usual tax rules for capital gains or.