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In the us you would get taxed https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes#1 https://www.irs.gov/busin
by soared 6y ago
In the us you would get taxed https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes#1 https://www.irs.gov/businesses/small-businesses-self-employe...
- thebean11 6y agoYou're assuming the Bitcoin changed hands though. Transaction doesn't necessarily imply that.
- selectodude 6y agoThat’s if you give it to somebody else. If you’re transferring your own money there’s no fee.
- DangerousPie 6y agoYou get taxed for the gift, not for the transaction. You'd have to pay the same taxes if you used BTC.