Tax Implications Of Bitcoin For U.S. Citizen With Non-Citizen Spouse

[Siegfried]

A friend of mine wants to know. What if her non-citizen spouse cashes out the BTC in a territory with no capital gains tax and then buys something like a house on behalf of them both or in his name only? Can the IRS cause any problems in this scenario?

[ArticMine]

A good US tax professional should be able to answer this.

[noobyonekenobi]

A good US tax professional should be able to answer this.

Totally

[Honeypot]

Tax evasion is a serious crime. This is a common ploy by someone whose spouse isn't a US citizen - but if an IRS audits you, it can mean trouble.

Tell her to stop trying to be clever and try to find tax deductions instead.

[counter]

Best to ask somebody who answers these types of questions for a living instead of random people who can only speculate