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Is Cryptocurrency Taxable When You Give or Receive It as a Gift?

Кадры Is Cryptocurrency Taxable When You Give or Receive It as a Gift?

Описание Is Cryptocurrency Taxable When You Give or Receive It as a Gift?

Коментарии Is Cryptocurrency Taxable When You Give or Receive It as a Gift?

Great info and right to the point! thanks! Comment from : Alex

Hi, brVery informative video, thanks for itbrbrI would like to understand one scenariobrbrActually I from India and one of my relative stays in in US and i would like to give around 200 dollars worth of crypto to him Could you please let me know how much tax he has to pay? Comment from : Chakra

Is it a taxable event when you transfer crypto currencies between your own wallet? Thank you Comment from : Nick Rosati

what if the person or organization you give crypto to is a ministry or church? Comment from : Xhulio Mehilli

What if it's foreign? Comment from : Erick A H

Hi What if a person who doesn't live in USA (non-resident) sends me frequently ( twice per month) an amount of Crypto (let's say a total of 4k a month) Do I have to report and pay that? (I am a US resident ) Comment from : Gaiber Ortega

Greetings What if i get 5 dollars of bitcoin for signing up in Coinbase but I leave the coin on the exchange and don’t cash it out Would I haha to report that to the irs Comment from : C

What if the donee sell for a loss? I heard they do not need to file unless they realized profit thanks Comment from : V E

Great content Thank youbrMy wife and I always file a joint tax return If I move some crypto from my wallet to my wife's wallet, is that considered an exchange, a gift, or does that fall under the "moving crypto from one wallet to another" with no taxable event having occurred since we always file jointly? Comment from : James Press

question , i have 2 different accounts 1 with binance and other with eToro, now the one with binance i have a medium quantity of 10 different coins in total thousands of them, i did consign them for staking, i did use some to pay for casino pleasure and made large profit the 2nd account is dormant i bought the coins and never cashed, touched for any reasons, so what taxes do i have to pay/ apply to me, thank you Comment from : fred kamhada

Is this for US residents? Comment from : Chris is awesome

how do I file taxes if Coinbase rewarded me $5 Bitcoin just for verification of id? I haven’t bought no crypto myself Comment from : omar o

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