I'm not sure the burden is on the individual unless they recognize receipt of th...

		pilingual on July 26, 2019 \| parent \| context \| favorite \| on: IRS sends warning letters to more than 10k cryptoc... I'm not sure the burden is on the individual unless they recognize receipt of the cryptocurrency. If someone mails you $100 and you discard it I don't think you owe taxes on it. Same for air drops and forks like Bitcoin gold. Bitcoin cash, if you acknowledged receipt of it, is exactly like earning $266 and must be reported, at least that's what tax experts noted at the time: https://www.forbes.com/sites/greatspeculations/2017/08/04/ho...

The $100 for nothing, I agree.

But if something that you owned mailed you $100 because you owned them, that sounds taxable in some way.