Crypto tax help
Hi so if I receive crypto as a gift (around 40k) and I sell it at a price lower than the price it was when I received it (capital loss) do I have to report this to the IRS? I don’t have a income btw and never filed taxes so I wanted to know. submitted by /u/Cool-Ground-2693 [link] [comments]
Hi so if I receive crypto as a gift (around 40k) and I sell it at a price lower than the price it was when I received it (capital loss) do I have to report this to the IRS? I don’t have a income btw and never filed taxes so I wanted to know.
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