The Internal Revenue Service will not tax unsold tokens — a major relief for both cryptocurrency stakers and miners.
What Happened: Joshua and Jessica Jarrett, a couple from Nashville, Tennessee, filed a legal complaint in a district court requesting a refund on $3,293 of income tax paid for the receipt of 8,876 Tezos (CRYPTO: XTZ) tokens. The duo also asked for a $500 increase in tax credits, citing lost income, according to a Blockworks report.
