Question about Tether and taxes

Question about USDT and US taxes

Apologies since this has been asked, I recently got 500 USDT on a wallet as a gift, what is the best way to turn this into 500 USD with minimal taxes? I currently have it stored on an online wallet just sitting have not sold or bought any other cryptocurrency.

Do I wait a year and cash out or do I exchange it for something else, or what do y'all advise? I usually file taxes on turbo tax for free.

Novice in crypto sorry for the question and I appreciate anyone who replies negative or positive [|]_[|]