Maury bought one full bitcoin in March 2021. His basis in the coin is $6,118. In July
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Maury bought one full bitcoin in March 2021. His basis in the coin is $6,118. In July of 2022, he donated 0.2 of the coin to a qualified charitable organization. The fair market value of a full coin at the time of donation was $29,212.
What is his deductible charitable contribution?
Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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