Crypto rewards received through staking are taxed in the year of receipt. Some taxpayers had taken the position that token rewards they received through a proof-of-stake blockchain are created property, taxed on disposition. IRS disagrees with this. In Rev. Rul. 2023-14, it said that when one stakes crypto native to a proof-of-stake blockchain and receives additional crypto units or tokens as validation rewards, the fair market value of those token rewards is gross income in the year the taxpayer has dominion and control over those token rewards.