Table of Contents
- Decoding DeFi, Staking, and Yield Farming Taxes for 2025
- The Evolving Tax Landscape: Form 1099-DA and Beyond
- Taxable Events in DeFi: A Deeper Dive
- Navigating Reporting: Forms and Record-Keeping
- Self-Employment Tax Considerations in DeFi
- Expert Insights and Future Trends
- Frequently Asked Questions (FAQ)
The world of decentralized finance (DeFi) offers exciting opportunities for users to earn passive income and grow their digital assets. However, these innovative activities, including staking and yield farming, come with complex tax implications. As the 2025 tax year approaches, understanding how the IRS views these transactions is paramount for compliance and avoiding potential penalties. This guide breaks down the essentials of filing crypto taxes for DeFi, staking, and yield farming, equipping you with the knowledge to navigate this intricate landscape.