pk
Level 15
Level 15

Get your taxes done using TurboTax

@zzz2  thank you for your response / questions

 (a) on how to prove that the asset came to you as gift --- I don't know exactly how ownership is determined / transferred  for crypto ---  if it is just account sign-in type  then perhaps you need a document signed  and "notarized" ( i.e. some form of authentication  of the signature of the donor ) transferring the ownership.  I have no personal experience in this crypto world.

(b) on accepting  gifts from a citizen of Russia --- I have to read up on treasury rules  but I suspect / expect  that unless the donor is a sanctioned person, it may be no issue.  But I need to research this topic but it is indeed an interesting issue.

 

pk