/biz/ - Business & Finance

>>	Anonymous Thu Apr 4 20:11:51 2024 No.58292007 [View] File: 1.43 MB, 640x360, 1710175554285320.gif [View same] [iqdb] [saucenao] [google] >>58291956 Well played.

Anonymous Sat Mar 9 03:15:36 2024 No.57917014 [View]
File: 1.43 MB, 640x360, 1706826665674055.gif [View same] [iqdb] [saucenao] [google]

>>57913689
Not if you are a US citizen. The US taxes citizens around the world even if they are residents of another nation. You can offset US taxes with foreign taxes but if your foreign country doesn't tax crypto gains at all, you'll have to pay the IRS up to 20%.
First $80k is tax free for long term holdings. 15% for a while after that and anything over like $400k is 20%. Welcome to the land of the free! Just wait until they pass a wealth tax law and come after your unrealized gains too! ;)

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