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Kat
@katwolfie.eth
In the U.S., an airdrop is considered taxable income based on its value as soon as you click the claim button. Example π If I claim $1000 and sell, then I pay income tax on $1000. If I claim and the token goes to 0, then I still pay taxes on $1000. IMO, this needs to change so weβre taxed on the sell value, but it is what it is right now. Different counties have different rules and regulations. Stop sell shaming people. Everyoneβs situation is different.
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Bhase Bank
@bhasebank.eth
Our tax code is insane
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Kat
@katwolfie.eth
Itβs stupid lol
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