Thinking about gifting crypto this year? In the US, the gift giver must provide a gift letter identifying the days of acquisition and cost basis for the cryptocurrency gift. Check out this video to avoid any IRS issues when you send or receive crypto as a gift.

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00:00 Introduction
00:33 Determine the Value
01:01 Annual Gifting Limit
01:43 What to Do if You Receieve a Gift
02:40 Gifting NFTs
03:01 Gifting to Trade
03:38 Donations vs Gifts
04:11 Wrap Up