In this article, written for Jito Labs, partner David Forst and associates Sean McElroy and Matthew Dimon analyze how U.S. federal tax law applies to activities related to liquid staking through the Jito Stake Pool. They conclude that minting and redeeming liquid staking tokens like JitoSOL are not taxable events, and that staking rewards, as newly created property, should not be taxed until sold or otherwise disposed of.