NSUNGWA EDINANCEDec 28, 2021 · 3 years ago2 answers What are the tax implications of donating clothing to charities using cryptocurrency in 2021?
I would like to know more about the tax implications of donating clothing to charities using cryptocurrency in 2021. How does the IRS view such donations? Are there any specific rules or regulations regarding this type of donation? What are the potential tax benefits or deductions that can be claimed? Can you provide some guidance on how to report these donations on tax returns?