HOLY SHi-T! “Your crypto gift is converted to
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Posted On: 06/10/2022 8:25:31 PM
HOLY SHi-T!
“Your crypto gift is converted to US dollars prior to completing any of your purchases…”
Fun Fact: Did you know some Crypto sites and apps come with FREE tax software?
Do you know why?
At least in the US, you are legally responsible for reporting the gains, but go hire a tax accountant and talk to them for your tax advice
It's a BIG reason why Bit Gifting never took off, but no one told you that, eh?
Also a BIG reason why the government scrutinizes Crypto sites
Carry on...
Now where exactly did Alice run off to?
“Your crypto gift is converted to US dollars prior to completing any of your purchases…”
Fun Fact: Did you know some Crypto sites and apps come with FREE tax software?
Do you know why?
At least in the US, you are legally responsible for reporting the gains, but go hire a tax accountant and talk to them for your tax advice
It's a BIG reason why Bit Gifting never took off, but no one told you that, eh?
Also a BIG reason why the government scrutinizes Crypto sites
Carry on...
Now where exactly did Alice run off to?
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