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Ben - [C/x]
@benersing
Are airdrops taxed as ordinary income?
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Thibauld
@thibauld
yup
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Ben - [C/x]
@benersing
At value at point of receipt or sale?
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Thibauld
@thibauld
at the value at the date you received / claimed the airdrop (i.e. tokens hit your wallet)
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sap
@sap
If it has a price. If it doesn’t it’s capital gains upon disposal with a $0 cost basis.
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Ben - [C/x]
@benersing
And anything above that at long or short term capital gains?
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