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What are the tax girted. If the recipient knows how much was originally paid for the gifted cyrpto, they may be able to adopt that.
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Crypto Tax Q\u0026A: I was gifted cash made from crypto trades. Are there any tax implications?Crypto gifts are tax free for the recipient. Crypto donations can be used to bypass capital gains taxes. Receiving a cryptocurrency gift is not considered a taxable event. Gift recipients are not required to recognize your newly-received cryptocurrency as income. top.operationbitcoin.org � blog � how-are-cryptocurrency-gifts-and-donations-t.
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