Any fiat currency or cryptocurrency earned by US citizens and residents anywhere in the world is taxable and subject to a worldwide income tax. Additionally, states may have their own additional tax regulations around cryptocurrency.
Note: Lumina is intended to serve as an informational and assistive tool only. Lumina is not intended to substitute for professional tax, accounting, audit, or legal advice. Information provided on Lumina is subject to change without notice. Lumina is not responsible for the accuracy of your tax, audit, or legal compliance. Please consult a licensed professional for financial, tax, and legal advice.
