Now, it’s easier to give a sh*t than ever before. Donating cryptocurrency is a non-taxable event, meaning you do not owe capital gains on the appreciated amount and can deduct it on your taxes. This makes Bitcoin and other cryptocurrency donations one of the most tax-efficient ways to support this sh*t.
You can donate Bitcoin, Ethereum, ChainLink, Litecoin, and more. When you donate crypto to Do Good Sh*t, we immediately transfer your coins to fiat (capital we can use).
Please note: all cryptocurrency made to Do Good Sh*t are non-refundable.
If you want to learn more about how donating crypto can lower your taxes, check out thegivingblock.com/faq. Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one. If you have any questions about Do Good Sh*t or your donation, please reach out to team@dogoodshit.org for more information.