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March 16, 2021
Question

Bought Cryptos as a Non-US Citizen when I worked in the U.S. in 2018, never sold. In which Country to file taxes now?

  • March 16, 2021
  • 1 reply
  • 0 views

Hello Everyone, 

 

I did my research, but I couldn't find a topic similar to my case. So, I opened this one and hope you can assist me to find an answer.  Some general advice was found about holding it over 12 months and treated as long-term capital gain but not answered from the perspective of an international guy. 

 

I am EU-Citizen and during my internship from Aug 2017 - Feb 2018 I bought Crypto Currencies while I lived in the U.S. at coinbase (with US Dollars). The amount is not significant much. I bought them back then for $80 which are now worth $130. I have never sold them since then. So, I am neither US resident (anymore) after I have finished my internship in Feb 2018 I moved back to Europe, nor US-citizen. 

 

My question is now if I would sell them today here in Europe, where do I have to file my taxes? In the U.S. or here in my home country? Or even both?

 

Thanks in advance! Any help is greatly appreciated!

1 reply

March 16, 2021

You would not have to file tax for the U.S. on the cryptos because you did not realize any income while you were in the U.S.  You would report and pay tax in your current country.