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I want to sell my Bitcoin Tax-Free without reporting it and then buy the same amount to establish a new Average Cost Basis
That's a good point. If I was dead the kids could use it like that if I showed them how to use Bull Bitcoin to pay bills as I have in the past. I guess I could use the current unreported BTC MYSELF to pay MY bills and just re-purchase BTC officially with my savings, to give it a legal cost...- Unmolded8626
- Post #4
- Forum: CryptoCurrency
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I want to sell my Bitcoin Tax-Free without reporting it and then buy the same amount to establish a new Average Cost Basis
I have 10 BTC. Thousands of transactions got me here. It was quite a circuitous route involving many shitcoins and DeFi and staking and I have no idea what the Average Cost Basis of my BTC is and most of it was bought Anonymously back in the day. I have few transactional records. All of it...- Unmolded8626
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- btc
- Replies: 6
- Forum: CryptoCurrency