A step up in basis means there aren’t any unrealized gains for a beneficiary to recognize at the date of death. But does that apply to cryptocurrency?

A step up in basis means there aren’t any unrealized gains for a beneficiary to recognize at the date of death. But does that apply to cryptocurrency?
From NBA Top Shot to MLB tickets, making payments with cryptocurrency is becoming more mainstream. But there can be a glaring issue when it comes to taxation on those crypto payments.
The rise of Bitcoin and Dogecoin in 2021 has catapulted the conversation on crypto. Here’s a good place to start if you’re new to the sphere or want a better idea of what’s going on.