/biz/ - Business & Finance

Suck your dads cock

>>20335018
Lol who does taxes

>>20335018
What are you complaining about? Sounds like you have no capital gains to report on your taxes. Weird thread OP.

>>20335018
Nothing to report then?

>>20335018
fun that means you get to make it up :) write yourself in some great trades OP!

go directly to jail

>>20335092
>>20335104
>>20335113
how do i explain where i got my link from?

>>20335018
>taxes
DON'T EVEN KNOW HOW TO DO THOSE

They didnt wipe shit retard. You have to search by dates. You can only search a 3 month span at one time. Have fun

>>20335158
I TRIED THAT THERES NOTHING

>>20335018
They wiped mine as well
Fuck

>>20335158
they actually did wipe trade history for (at least many) US users

>>20335158
It’s only showing for this month. I already pulled the startdate back and it’s all July.

amortize that bitch into a single trade where your cost basis is your sell price and call it a motherfucking day zero taxes

Have fun being butt fucked by the IRS you stupid faggots lmao

>>20335190
Did they explain why?

>>20335158
okay nevermind I found it when I tried to export

I'm in the US and was able to go back and look at trades I made in 2018 today. Sorry frens

>>20335203
I’m not a swing trader so Ihave less than 300 transactions. I know for the most part the net gain. Which may or may not be negative.

Can i just claim $0 cost basis and pay full tax on whatever i sell? And report no trades? Might as well if i paid $0.30 a coin and sell for $1k right?

>>20335127
You bought it for pennies years ago, remember anon??

NOW IM LOCKED OUT OF MY KUCOIN ACCOUNT FUCK

>>20335321
taxfag here what's your cuntree of origin

>>20335127
it came on a used hard drive you bought a couple years back. you weren't sure what to do with it so you just held onto it.

>>20335218
because fuck you.

good news is, they're Chinese so if they wiped your trade history it's very unlikely they shed it with the IRS. you're on your own to report because it's unlikely anyone at the government will be able to prove you wrong.

if you bought at coinbase, and you actually plan to cash out, just report based on what you had in coinbase and be as favorable as you possibly can be in your reporting (minimize trades, maximize losses, claim as little profit as you can reasonably get away with).

also, talk to a tax attorney if it's more than your standard deduction; if this is significant income for you right now, you don't want to look like you deserve an audit; sometimes the best way to avoid that is to just hire a professional to do it for you.

Trade history not safu

>>20335725
>bought $1000 on coinbase
>trades on anywhere
>cashes out $25,000
Hello IRS I would like to claim gains of $24,000!
This is 1000x the best case scenario, do not listen to this Anon, because unlike what Reddit etc want to tell you the burden IS ON YOU.
So, if, let's say, if, they decide to come after you (this is their whole model) you can either,
/a/ attempt to cook ethereum books by lying about what you did on each masked exchange (they're actually learning about this by the way, blockchain is being observed by traditional finance)
or
/b/ just claim the fucking max cap gains and sleep comfy.
to be honest, ive been doing /b/ because it's a million times less of a headache and the amount that im cashing out would cost me way more for a lawyer

>>20335127
How do they know you have LINK?

I have no clue what the fuck to put for taxes. I was using a VPN to swing trade on bitfinex for a while in 2017 before they got wise and threatened to liquidate and close my account. I have dozens of shapeshift transactions, dozens of changelly transactions, and more than a few atomic swaps and coinbase swaps. I have no fucking clue how to even begin to trace all of that. I am not going to avoid taxes when I sell, but how in the fuck can crypto to crypto be taxable when a large majority of those transactions took place before US tax law even mentioned crypto.

>>20335127
*schlopschlopschlopschlopschlopschlopschlopschlop*

>>20335074
Based

Imagine being so plebs to pay taxes

>>20336839
If you have a high net worth, and use the federal tax code and every loophole to your advantage its almost guaranteed that you will be audited at some point. Some of us cant just blend into the background.

>>20335203
>>20336839
How do I do this

>>20335903
This. Binance wants US customers and they’ll comply with the IRS to keep them. You’ll be accruing interest and penalties everyday you don’t pay, you’re taking the risk that they can’t audit a public ledger with extremely transparent transactions and values because you didn’t take the time to track your tax burden.

>>20335127
What link?

>>20335127
>>20335018
>>20335074
>>20335092
>>20335104
guys come look at this

>>20335018
Stop using unreliable exchanges. Use Phemex next time.

>>20336782
if you dont get a 1099 dont report it.

>>20335018
Taxes? What is that sir?

>>20335934
the glowniggers know my fucking address by now i've withdrawn to the same ETH address from cuckbase

>>20335018
They don't wipe the trade history, the thing is that you can only view 3 months at the same time. so you cant view trade history from today to 2017, but you can do so in many small increments

>>20335127
boating accident

>>20335321
Yeah pretty sure you can do that. As long as you started with under 3-4K it won’t be that much of a difference in the long run when you’re up to a million