Topic: Donating bitcoins - tax implications & deductions (Read 562 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.
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