Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo

Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo

Jar of pennies (John Brueske/Shutterstock)

Cryptocurrency earned from carrying out small tasks valued as low as $1 is taxable, the U.S. Internal Revenue Service (IRS) said in a memo Friday.

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