Topic: Donating bitcoins - tax implications & deductions (Read 578 times)
Sorry for the double post. Will lock this.
When donating to a charity does it make tax sense to sell the coins first and donate cash? Or donate BTC directly? Anyone know how this works w/ deductions?
It seems like EFF says BTC can be donated like a stock.
Then again if you cash out - long term capital gains rates are 0% in certain income brackets.
It seems like EFF says BTC can be donated like a stock.
Then again if you cash out - long term capital gains rates are 0% in certain income brackets.
Jump to: