I’m just curious if anybody has advice for this situation:
I’m in the US. My brother and I got into Crypto around the same time. I had my on-ramps setup but he was having issues verifying for days. He didn’t want to miss a buy opportunity so he sent me money over facebook, which I used to purchase BTC. I sent the funds right from Coinbase/CashApp to his Wallet.
How can I avoid paying the taxes on his gains. Note - I’m not asking how to evade paying taxes, only how to ensure he pays the taxes instead of me.