A taxpayer purchased 10 coins of virtual currency (X coins) for $1,000 in March 2020, and in May 2022 sold five of the c

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answerhappygod
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A taxpayer purchased 10 coins of virtual currency (X coins) for $1,000 in March 2020, and in May 2022 sold five of the c

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A taxpayer purchased 10 coins of virtual currency (Xcoins) for $1,000 in March 2020, and in May 2022 sold five of thecoins for $2,500. The taxpayer’s gain on sale would be what amount?A. $0 B. $1,000 C. $2,000 D. $2,500
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