🚨 Got the $PENGU Airdrop? Uncle Sam Says Hi šŸ‘‹

Free money? Not quite. Here’s what you really need to know:

1ļøāƒ£ Airdrop = Income. Yep, the IRS sees it as taxable income the moment it hits your wallet.

2ļøāƒ£ Selling = Capital Gains. If $PENGU flies higher after the airdrop and you sell, the profit gets hit with capital gains tax.

šŸ’” Pro Tip:

Track your ā€œcost basisā€ (value when you got the airdrop) and sale price. Trust us – you don’t want to guestimate this during tax season.

Tools we built like Kryptos Tax @KryptosConnect make it easy to stay compliant without pulling your feathers out.

Don’t let taxes sneak up on your $PENGU. Fly high, but stay in the clear!

Got questions? Drop them here.