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US tax question: When does the "365 days" clock start for ICOs?

Has anyone had any experience or spoken to tax professionals about such a situation? Say you participate in an ICO in March 2018 and purchase 1000 "TOKENS" for 0.1 BTC, when BTC is at $10,000. This would presumably trigger a tax event of 0.1 BTC for $1000. Now say the tokens aren't actually issued until Dec 2018, at which point they start trading on the open market at $2 each. How would you determine the cost and time basis for these tokens? They were purchased in March 2018 for $1...

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Published By: Reddit - 13-04-2019