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/biz/ - Business & Finance

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>> No.5736403 [View]
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5736403

What I don't get is , the new 2018 law is just a enforcement of the law's that already existed, nothing was stoping the IRS to go after people in for 2017 tax's

It was more of a grey area not a loop hole so if you where doing crypto to crypto trades in 2017 you ran into the risk of getting short termed laxed

>> No.5464350 [View]
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5464350

Crypto to Crypto was already taxed before new GOP law.

All it means now is they will enforce it more.

>> No.4737660 [View]
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4737660

Crypto to crypto trades are too difficult to track for the IRS due to its decentralized global nature.

Therefore, lawmakers will rule that only crypto to USD is taxable. That crypto to crypto trading is considered like-for-like.

All you idiots paying taxes on all your trades for 2017 are fucking yourselves.

>> No.4455649 [View]
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4455649

https://polis.house.gov/news/documentsingle.aspx?DocumentID=398438

If I just bought in increments of $600 and sold in increments of $600 on each individual trade, would I not have to pay taxes?

>> No.2120182 [View]
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2120182

ITT: We talk about different ways to cash out your crypto gains, taxation and regulations.

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