David FunchessJan 03, 2022 · 3 years ago8 answers What are the tax implications of making Roth IRA contributions with Bitcoin or other cryptocurrencies in 2022?
I would like to know more about the tax implications of contributing to a Roth IRA with Bitcoin or other cryptocurrencies in 2022. How does the IRS treat these contributions? Are there any specific rules or regulations that I need to be aware of? What are the potential benefits and drawbacks of using cryptocurrencies for Roth IRA contributions?