Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
LoyceV
on 02/09/2025, 10:52:52 UTC
⭐ Merited by JayJuanGee (1)
I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.
Here are the USA nontaxable gift limitations through the past 45-ish years.
Here, the tax-free gift amount is €2690 per person per year. But if you receive it from someone abroad, there is no limit and you don't need to report it to taxes!