You're right that those are taxable events still. If you want to have a recipient receive Bitcoin without a taxable event on your side, you can send from your dollar balance in Strike to a lightning invoice or Bitcoin address.

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Good idea. So do you declare peanut amounts?

It's not declaring peanut amounts, it's just not taxable for you at all. You're sending dollars. The taxable event is 100% on Strike's side and they track all that (again, for themselves, not for you) as part of their business.

Oops sorry. My question wasn’t clear. What I meant was, when you do occasional small scale crypto to crypto stuff (say 1-10 bucks) that can’t be classified as gift, do you keep a record of those and declare them? If so, what do you use to keep track? Or do you just ignore these?

I do, yeah. I just keep them in a Google Sheet and put them on an 8949 when doing taxes.

Thanks!