Under constructive receipt, income is taxable when it is made available to you without substantial restriction, even if you have not taken it.
For crypto, the doctrine underlies the dominion and control standard: rewards credited to an account you can withdraw from are income when credited, not when withdrawn.
Locked or vesting tokens may not be constructively received until the restriction lifts, which is a documented position, not an assumption. Dominion and control.
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Definitions are general information, not legal advice, and may not reflect the most recent changes in law.
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