BitcoinTalk

Someone gave me a bunch of bitcoins, I have to announce this to IRS?

Even though some nations like Malta, Switzerland and, Malta have all maintained a positive disposition towards digital assets to some extent, reports show that government officials are not fully convinced yet.

Nabil wrote: ↑

Sat Apr 06, 2019 5:21 pm

Someone gave me a bunch of bitcoins, I have to announce this to IRS?

Most Bitcoin owners, however, want to comply with IRS regulations. The IRS classifies all cryptocurrencies as property. ... If you "sell" some Bitcoin at a profit that you purchased within the last year, you will have to report short term capital gains on your tax return and pay ordinary income tax rates
Invest your coin in cryptoreliance(www.cryptoreliance.org)today and get double of your invested coin within some days.Try it and thank me latter