If I didn't buy cryptocurrencies but a family sent me some and I sold them, do I have to pay any tax for that sale?

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If I didn't buy cryptocurrencies but a family sent me some and I sold them, do I have to pay any tax for that sale?

Yes. They were a gift and your basis is their original purchase price.

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If I didn't buy cryptocurrencies but a family sent me some and I sold them, do I have to pay any tax for that sale?

Yes. They were a gift and your basis is their original purchase price.

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