i grabbed them already. Trying to figure out what I’d need to claim for income. Haven’t seen clear guidance on how the price is set. Airdrop time or claim time.
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Oh only if you sell them. The basis price is zero for you. The profits if you sell are pure capital gains
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I’ve done this with airdrops a few times. It’s the safe/conservative way to account. The taxable event is selling not receiving.
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Is this going to be retroactive or only since the September notification?
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For airdrops that just show up in your wallet without needing to claim, this is truly dubious shit
it’s a technology that allows you to send taxable events over the internet
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