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File: 80 KB, 622x251, Screen Shot 2019-08-02 at 2.47.14 PM.png [View same] [iqdb] [saucenao] [google]
15084146 No.15084146 [Reply] [Original]

I just got a notice for 2017 as coinbase reported my 1099k to the irs.

THE IRS IS NOW ASKING ME FOR A BILL, INCOME TAX ON THE TOTAL OF THE FULL COINBASE REPORTED NUMBER LESS THE INCOME I CLAIMED ON MY RETURN.

150k coinbase 1099k
75k reported

Theyre ttring to tax me fully on the 75k in money i moved on coinbase as income.

THEYRE DOUBLE TAXING ME. FUCK THIS GAY EARTH.
AHHHHHHHH

>> No.15084214
File: 31 KB, 500x734, 13457F13-8769-4A78-88B1-ACF9CCA44848.jpg [View same] [iqdb] [saucenao] [google]
15084214

>>15084146
Post picture of your ‘bill’

>> No.15084216

Don't forget to double tip either kid heh...nothing personal

>> No.15084261

Just don't pay it lmao you burgers are the biggest cucks

>> No.15084331

>>15084261
This. Don't pay OP. I'm not. If we all stick together then at least jail be fun and we can just chill and talk about our bags. Plus, they won't even be crowded with blacks since the drug related crimes are going to be expunged...itll just be you and your biz bros.

>> No.15084366

If I keep my profile on crypto . com will I be more safe from the tax jew? CB seems too risky

>> No.15084384

>>15084146
...get a lawyer?

>> No.15084392

>>15084146
Did Coinbase send you a 1099?

>> No.15084405

1099k is not a bill. It is a notice of discrepancy.

>> No.15084434

>>15084146
fuck you for advertising for the IRS

>> No.15084831

>>15084392
yes and i talked with my accountant then about it and filed thru him.

>>15084405
aware
>>15084434

fuck these kikes im not one of them

>>15084384
called my cpa

>>15084331
im not paying as i already paid income tax to get my fucking funds to coinbase.

>>15084261
not paying.

>>15084216
im literally shaking rn

>>15084214
sent it to my roastie friend and she goes u know ur ssn is on there? i didnt realize it lol. not showing you cucks anything.

>> No.15084971

>>15084331
they garnish your wages if you dont pay.

>> No.15085092

>>15084971
What if I'm paid in Bitcoin?

>> No.15085958
File: 239 KB, 1008x756, IMG_20190802_0301321.jpg [View same] [iqdb] [saucenao] [google]
15085958

>>15084146
Same here bro but $15k for me

>> No.15086041

>>15085092
Probably jail

>> No.15086889
File: 34 KB, 888x776, 1447340703553.png [View same] [iqdb] [saucenao] [google]
15086889

imagine being an amerimutt in 2019 lmao

>> No.15086911

>>15084146
Tax lawyer here, how can I help you frens out?

>> No.15086937

>>15084146

This is why you never sell for fiat dummy heads. Jesus christ

>> No.15086976

>>15086937
crypto/crypto counts as if you sold for profit and put all the proceeds in the next coin

>> No.15087015

>>15086937
I didnt sell for fiat and they still sent me a bill >>15085958
I only traded small amounts of crypto and never cashed out into fiat.

>> No.15087099
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15087099

>> No.15087178

>>15086976
This is why you convert your fiat to crypto on coinbase and move those funds to binance where your funds are safu.

>> No.15087195

>>15087015

is this the 6173 or one of the 6174 letters?

>> No.15087203

>>15087015

Trading = selling

NEVER
FUCKING
SELL

>> No.15087227

>>15086976

>next coin

Filthy shitcoiner detected. YUCK

>> No.15087236

>>15087195
It's not 6174 and I don't think it's the 6173 either, it's just a generic "we noticed a discrepancy" letter, same as you would receive if you had done something else wrong with your taxes

>> No.15087243
File: 43 KB, 552x390, 1481139288692.jpg [View same] [iqdb] [saucenao] [google]
15087243

>>15085958
wtf this is beyond racketting, even the mafia would be more fair than the (((IRS)))
land of the (((free))) amiright?

>> No.15087263

>>15087195
Neither. This is a CP2000. I didn't receive one of those warning letters about crypto (yet?)

>> No.15087264

>>15085958
OH CAN YOU SEE

>> No.15087298

>>15084146
>THE IRS IS NOW ASKING ME FOR A BILL, INCOME TAX ON THE TOTAL OF THE FULL COINBASE REPORTED NUMBER LESS THE INCOME I CLAIMED ON MY RETURN.
That's why you don't report.

>> No.15087333

>>15087298
I didn't report because I only traded and didn't cash out and everyone here said you only pay taxes when you cash out and send money to your bank account. All you faggots gave me bad advice and now I'm fucked >>15085958

>> No.15087504

>>15087333
They didn't give you bad advice. You're just an idiot.

>> No.15087516

>>15084971
What wages? I'm a neet XD

>> No.15087607

>>15084146
Don’t fucking pay. If Americans stand together and don’t pay taxes, they can’t arrest you all.

>> No.15087717

>>15087607
Based and FoundingFather-pilled

>> No.15087744

>>15084146

Never trade or sell on cuckbase guys. It’s only good for buying and immediately moving off the exchange into bitcoin core wallet.

Support bitcoin if you wana get rich retards.

>> No.15087832

>>15085958
Bro what’s your plan? They messed up right? I don’t think we’re going to need to pay

>> No.15087954

>>15087832
Apparently I do need to pay because I traded crypto for crypto but $15k is way too high to be correct. I'm trying to find a CPA to fix this mess.

>> No.15087970

>>15087504
Everyone didn't give me bad advice and information by telling me that I don't need to pay taxes until I cash out? That information is 100% wrong and it fucked me. It was bad advice.

>> No.15088015

>>15084146
>last week
>”Shitcoin Weekly: The IRS is really going to crack down on crypto shit, says the IRS, they say they have 22,000 letters prepared to send out.”
>psh, yeah right we’re so scared
>2 days ago
>”GUYS WTF I JUST GOT THIS LETTER FROM THE IRS THEYRE TRYING TO MAKE ME PAY $24,000 FOR MY 2017 GAINS BUT I DIDNT EVEN MAKE ANY MONEY AAAAAAAAAAAAAAA”

It is literally fucking happening. Holy fucking shit, Trump cucked you all.

>> No.15088036
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15088036

>>15084831
Not showing the letter means fag larping and any post after this is pure faggotry

>> No.15088057

>>15087504
Coinbase snitched on him you dumb fuck. OP and others didn’t have to do anything. You can’t get out of this. Even if you’re a NEET who’s never seen a tax form before, Coinbase are snitching on you.

>> No.15088268

A crypto to crypto trade IS NOT a taxable event, as long as the trade was not writen on the blockchains.
Most exchanges do not write to the blockchain untill you withdraw your funds.

>> No.15088272

>>15088057
What are you? 12? Give me a break.

>> No.15088280

>>15087970
You listened to people on 4chan? That makes you retarded. It wasn't advice. You got trolled.

>> No.15088313

more than $20k?
PAY YOUR FUCKING TAXES

>> No.15088368

>>15088280
Yes I listened to retards like this >>15088268
I guess I'm a little retarded too just for listening to them

>>15088268
I never withdrew. Why is the IRS saying that I owe $15k? Are you licensed to be my tax attorney? I'll hire you to fight the IRS if you are.

>> No.15088372

>>15088313
He can't. People on a message board told him he wouldn't have to. LOL

>> No.15088385
File: 421 KB, 1276x1701, je94hh9dlk3vg03.jpg [View same] [iqdb] [saucenao] [google]
15088385

>>15088313

>> No.15088415

>>15088368
did coinbase send you a 1099-k?

>> No.15088421
File: 41 KB, 640x360, akcs-www.jpg [View same] [iqdb] [saucenao] [google]
15088421

not mine, but there was a big IRS letter thread yesterday and this was the OPs pic

>> No.15088467

>>15088268
Uh....yes it is?

>> No.15088542

>>15084146
>>15084146
>>15084146
>>15084146
I've moved like 4 times since buying into crypto. What if they sent letters to my old places? Would I be fucked or could I argue in court "you fucking retards should have just emailed me"

>> No.15088569

Why are people even paying this shit when it’s clear half the gov’t cares more about illegals than actual citizens? Billions go missing in Baltimore and no one bats an eye but heaven forbid one of you fags gets lucky from meme tokens.

>> No.15088594

>>15088467
It is not. Since nothing was traded.
A trade becomes real first after it was writen to the blockchain.

>> No.15088602

>>15088594

tell it to the judge lmao

>> No.15088637

keep in mind you fags the govt doesn't have to prove you owe them shit they just have to say you owe them It's up to you to prove you don't

>> No.15088659

>>15088637
If they accuse you and you didn’t do it, how do you prove a negative? Does that mean they can accuse anybody of misreporting and your only recourse is to drop your drawers and show them EVERYTHING for the last 5 years just to “prove” they are wrong? Then they dig through that further to look for inconsistencies?

>> No.15088683

>>15088602
With a good attourney, I would win.

>> No.15089050

>>15088415
Yeah they emailed me one

>> No.15089079
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15089079

>>15087607
more than 45% of Americans don't even pay income tax anyways, you really think they're going to put half the country in jail?

>> No.15089091

>>15085958
just tell them you also bought a coin at 19k for cash, and sold the bottom at 3k and tell them to fuck off.

>> No.15089135

What if I lost a bunch of BTC gambling? I moved that shit off the exchange.. and it became USD on a Bovada. Does that make it a trade? Can I claim it all as a loss...

The IRS really has to unfuck this before they start going after people because there are way too many unanswered questions. Some tax attorneys are about to get paid tho, maybe I can specialize in this after law school...

>> No.15089197

>>15089079
>you really think they're going to put half the country in jail?
33% of Americans have been to jail...

>> No.15089254

>>15088036
This
OP is a LARPing faggot