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Next topic is calculating fair market value. Wang of the AICPA said she recommends the IRS set out some specific guidance on how to calculate FMV (and referenced @coindesk's Bitcoin Price Index in the process) #IRScrypto
There needs to be some guidance around what a qualfied appraiser is or looks like, Wang says #IRScrypto
Say you're donating 1 BTC. It's > $5,000 so you'd maybe need an appraiser but why not just average the price on some exchanges, an audience member asks #IRScrypto
