A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.
Tezos network stakers Josh Jarrett and his wife Jessica Jarrett have again filed a lawsuit against the Internal Revenue Service over its tax treatment of their tokens.
In the fresh Oct. 10 complaint filed in a Tennessee federal court, the Jarretts argue that their tokens created through staking should be treated as property and taxable only upon their sale, not before.
Staking tokens involves creating a “new property” because nobody else has owned them prior, making them the same as “a farmer’s crop, an author’s manuscript, or a manufacturer’s product” where no income is created until sale, they argued.
