Tax Strategy: Donate Bitcoin to your favorite charity to get maximum deduction!
If you're an OG Bitcoiner and looking for ways to minimize ($0) capital gains tax while maximizing your charitable contributions - consider donating your bitcoin that you acquired many years ago and taking advantage of today's price. When you donate bitcoin that you've held for more than a year, you can deduct today's full market value. submitted by /u/Quick_Sorbet6038 [link] [comments]
If you're an OG Bitcoiner and looking for ways to minimize ($0) capital gains tax while maximizing your charitable contributions - consider donating your bitcoin that you acquired many years ago and taking advantage of today's price. When you donate bitcoin that you've held for more than a year, you can deduct today's full market value.
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