Mr. Steve Washington is a casual Bitcoin investor. On August 15, 2015, he purchased three Bitcoins for investment purposes when the price of one Bitcoin was $263.85. On November 25, 2017, when Bitcoins were priced at $8,795.50, he purchased $500 worth of goods for 0.0568472 Bitcoins at Overstock.com. He incurred a transaction fee of $8. He purchased an additional item for $140 from Overstock.com using Bitcoins on December 2, 2017, when Bitcoins were priced at $10,912.73 and again incurred an $8 transaction fee. Mr. Washington is a supporter of education and donated one Bitcoin to his sons school (a qualified charitable organization under IRC 501(c)(3)) on December 22, 2017, when Bitcoins were priced at $13,664.97. Realizing he had not contributed to his IRA during the year, Mr. Washington would like to contribute one Bitcoin to his IRA before year-end.