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/biz/ - Business & Finance


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17237420 No.17237420 [Reply] [Original]

>IRS quietly deletes guideline that Fortnite virtual currency must be reported on tax returns


https://www.reddit.com/r/news/comments/f3f9as/irs_quietly_deletes_guideline_that_fortnite/

"Steve Bannon Saw the ‘Monster Power’ of Angry Gamers While Farming Gold in World of Warcraft"

https://nymag.com/intelligencer/2017/07/steve-bannon-world-of-warcraft-gold-farming.html

"You idiots want me to report my fucking tips for making Mage food and drink in WoW? Suck a giant dick, lol"

"My kid selling TF2 hats on Steam is going to get me sent to jail."

"Holy fuck we live in a timeline where V-Bucks should be in tax forms..."

"We've got the biggest, most profitable companies in the world paying zero taxes and her we are trying to tax VIDEO GAME MONEY

What. The . Fuck. We are CURRENTLY living in the dystopian future"

"The IRS has gone too far. Pretty soon they'll be taxing per breath of oxygen."

"Do I have to report bottlecaps too?"

"This is why old farts need to gtfo from any rule-making when it comes to digital shit, they just don't understand any fucking part of it."

"The world is getting more absurd by the day"

"This is good for Bitcoin"

"Omg the government is so out of touch. Do I need to report my store credit too? Same shit"

>> No.17237427
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17237427

>>17237420
"Omg the government is so out of touch. Do I need to report my store credit too? Same shit"


"I got a 1099 in from my credit card company for loyalty points earned from referrals. So, although they explicitly state that the points are a) not mine and b) have no value, they’ve also assigned them value and told the IRS they’re mine.

The fuck"

>> No.17237433

lol wtf is shit

>> No.17237464
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17237464

>>17237420
"They did what? Is the IRS out of their freaking mind? Until I can pay my gas with world of warcraft gold, I think the IRS needs to stick to what it's good at. Harassing poor people into homelessness, jailing people for filling out paperwork wrong, and giving special exempt status to lunatics with funny hats. You know, the important things they do with the money we give them.

What the hell am I even supposed to report in game currency at? How does it impact my net worth? If I get addicted to fortnite, earn a ton of in game credits, does that count as income? Does that mean when I get my Christmas bonus, I'm gonna risk being taxed in a higher bracket because I had a pretty long winning streak?"

"God damn.... We need a flat tax. Fix every issue for the rich, poor and middle class gamers."

"I declared bankruptcy over a month ago. Trump's IRS refuses to respond to my attorney, my employers attorney, and me. They are literally stealing money from US citizens. Can't wait till I win my lawsuit that proves they are cyber stalking people that don't support him. Can't wait to donate all my money to people running against fascists."

"Should I report my Reddit coins as well?"

"The IRS found it was easier to go after poor and middle class people than it was the elite. The elite have armies of tax attorneys and accountants that can hide, misdirect, litigate, obfuscate, and protract, redact, and prolong any investigation thrown their way by some pesky federalist.

We truly are in a fucked system designed to fuck you:"

>> No.17237474
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17237474

>>17237433
Offshore Mnuchin fucked up in the new regulations now even flight miles are considered virtual currencies and are taxable.

Clown world hahahahahahahahaha.

>> No.17237488

Jokes aside there's a few people at the top making high six figures in the wow classic gold farming community don't @ me if you're not in the know

>> No.17237519

>>17237420
Who cares. Throw your gains into DAI and put 'em on MKR for 7%. Never cash out until DAI can be spent freely everywhere. Five year target.

For now, get into UND before it pulls a Stratis at Main Net.

>> No.17237531
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17237531

>>17237519
This is absurd dude they are literally considering flight miles virtual currency, Mnuchin must be smoking something good.

>> No.17237555

>>17237488
How do you get into the business asking for a friend.

>> No.17237639

>bbut if you tax the rich theyll just pay us less!
>bbbut dont take all my money mr taxman!
explain this logic, capitalist bootlicking scum

>> No.17237732

if anything, this should tell you that fiat currency is over, and taxation is also over

>> No.17237745

>>17237732
Yes even redditor faggots were telling the irs to fuck off.
If they come to tax fortnite currency then shit's fucked up ,would not be suprised if fortnite currency protects wealth more than fiat.

>> No.17237810

>>17237745
technology is fucking gibsniggers in the ass. you got millions worth of crypto? just transfer everything to a wallet not registered anywhere in your name. what the fuck is the IRS gonna do? lmao

>> No.17237867
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17237867

>>17237810
Yes but shit's retarded this lunatics and their cashless society wet dream want to ban anything that can be used to mantain value.
This basically means everything like cs go skins clown world.

They are fucked in the head.

>> No.17237877

>>17237488
Its the devilsaur leather right? I kinda watched videos on it when it first launched. The $$ numbers seemed almost pure fiction they were so high sounding, is that still a thing and true?

>> No.17237950

>>17237420
>he IRS has gone too far. Pretty soon they'll be taxing per breath of oxygen

that's called the carbon tax, and yes you are taxed to exhale co2 which is essentially breathing.
climate fuckers defend this.

the IRS and the FED will be abolished.

>> No.17237970

>>17237867
it's truly clow world but i don't understand why people are still holding fiat
you don't have to pay taxes if you never cash out to fiat

>> No.17237982
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17237982

>>17237531
you don't understand, the goal is to show the average person the absurdity of taxes and to get rid of the IRS and the FED which are both unconstitutional.

Nesara / Gesara will be live soon starting with XRP.

>> No.17237987

>>17237950
You are right since the carbon tax is a tax on fuels moving everything you consume thus a tax on living.

>the IRS and the FED will be abolished.

Not if people around the world keep their mouths shut up against the growing injustices happening.
It's insane that stuff that 20 years ago would need a judge allowing due to how invasive they were are happening on automatic mode all around the western world now.

>> No.17237993

the IRS is panicking because they are obsolete and they know it

>> No.17238001

>>17237982
>inb4 you tell us that all will magically happens after trumps get's reelected and offshore mnuchin abolish cash and enslave half the earth.

>> No.17238013

>>17237982
Trump, putin people on his side are going to release Gesera Law.

people like Bernie are globalist pieces of shit that want to tax the shit out of you and hand out free shit to illegals.

>> No.17238020

>>17238001
will happen during his 2nd term.

cash will not be abolished, but it will not be fiat and will be US treasury based

>> No.17238025
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17238025

>>17238020

>> No.17238032

>>17237877
Only at the beginning of the game. The economy flows as new content comes out.

>> No.17238052

we live in the timeline where videogame nerds start the new revolution

>> No.17238054

should i be burying more silver, gold and sealed plastic barrels of dried food innawoods or buy crypto?

>> No.17238061

>>17238020
>will happen during his 2nd term.

Any minute now..... for fucks sake this nesara shit was shilled since the 90s.
I am not a burger full disclosure , but if you guys go into the dark path that welfare states are going the world collapses with you so i hope you fix this shit.

Also this fucking tax is being pushed by Mnuchin and the Trump administration so much for nesara.

>> No.17238066

>>17238025
negative soul

>> No.17238077

>>17238061
these people are fucking delusion miga fuckheads that keep saying 8959 D CHESS it sfucking moronic as fuck. They will see nothing happen in trumps second term if he even manages it.

>> No.17238109
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17238109

>>17238052
they already did when they stood up to sjw when everyone else was being shut down and apologizing.

Nesara was signed into law during Bill Clinton's presidency at gunpoint. it was to go into effect in 2001. the jews and bush destroyed this plan by setting off 9/11 and, Building 7 was where the computers were located that had all the data. the funds were stolen to offshore bank accounts and the records destroyed when larry silverstein told them to take down the building. This turned everyone's attention to endless war in the middle east which benefited israel. remember bibi saying if you take out saddam it'll change the middle east forever for the better. well that didn't happen and it's gotten worse.

This time it's different, You'll see many democrats and some republicans arrested for treason soon.

>>17238066