DaikensDec 28, 2021 · 3 years ago6 answers What are the tax implications of receiving stipend checks in cryptocurrencies?
I recently started receiving stipend checks in cryptocurrencies. I'm wondering what the tax implications are for this type of income. How will it affect my tax filing? Are there any specific regulations or guidelines I need to follow? Can I deduct any expenses related to my cryptocurrency income? I want to make sure I stay compliant with the tax laws while receiving stipend checks in cryptocurrencies.