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The IRS would however probably allow you to treat the entire thing as a zero-cost basis and pay extra tax to not have to deal with the paperwork. Depending on
by secabeen 5y ago
The IRS would however probably allow you to treat the entire thing as a zero-cost basis and pay extra tax to not have to deal with the paperwork. Depending on the scale of the profits and the scale of the paperwork, that might be worth it.