How Giving Crypto to Charity Can Save You Big Money on Taxes ( What If You Gift to Friends 😳)

Save on Crypto Taxes by Gifting to Charity — But Here’s the Trap If You Gift to Friends 😳

Looking to reduce your crypto tax bill in 2025? 🧾 Gifting cryptocurrency can be a decisive move — but only if you do it the right way.

In this video, Clinton Donnelly breaks down:

✅ How donating crypto directly to a charity avoids capital gains tax

⚠️ Why gifting to friends passes along your cost basis (and a surprise tax bill)

🧠 The rules around gift tax limits, reporting, and how the IRS views these transactions

💣 Examples — including what happens when $10K in crypto is gifted vs sold

Whether you're a degen trader, long-term investor, or just trying to do something generous, this is must-know info for 2025 crypto tax planning.

💬 Got questions about gifting crypto or the IRS gift tax return? Drop them in the comments!

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📜 Disclaimer
The content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.

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