Flare airdrops and f***ing taxes

[Montoya]

For US based recipients, how are you all treating the new monthly airdrops under FP.01 for tax purposes? Should it be claimed as income, based upon the market value at the time of receipt? This seems like complete shite. Is there a better tax posture available? Ideas?

[RambeauTeasebox]

3 hours ago, Montoya said:

Should it be claimed as income, based upon the market value at the time of receipt?

Bingo. And that becomes the basis for capital gains or losses when selling.