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/biz/ - Business & Finance

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24132842 No.24132842 [Reply] [Original]

Is this something that happens frequently? I use Coinbase and while I'm making like $20 gains I'm worried the IRS is going to somehow screw me out of everything if I ever somehow made money

>> No.24133190

Coinbase is a pajeet of crypto trading. Use some exchanges that are running away from law and you'll be good lol

>> No.24133259

Oh shit. I have been swinging shit coins using coinbase wallet. Only had 40 dollars in profits. Shit, I'm in for a jewing, aren't I?

>> No.24133326

>>24132842
how a bout you take your r*ddit posts, and you fuck off back where you came from
this site has seriously turned to shit I can't believe that the culture is nothing but r*ddit and tw*tter garbage

>> No.24133432

>>24133190
Such as?

>> No.24133466

Eh I got a 7k bill for my gains a few years back. I neglected to enter some info about some transactions by accident. Woopsie doodle, whatever heres 7k uncle sammy boy. Just be honest and pay the IRS what they deserve.

>> No.24133489

>>24133259
Yeah expect a 6million dollar fine

>> No.24133499
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24133499

>>24133326
/biz/ is completely fucking cancer now solely just pajeet scam threads with 300 replies linked from twitter. If you can tolerate browsing here and only here for financial purposes your brain is already completely fried.
>I can't believe that the culture is nothing but r*ddit and tw*tter garbage
Fucking boohoo lmao look around at your "culture" compared to even 2016

>> No.24133518

>>24132842
COINBASED FUCK R*DDITORS

>> No.24133577

>>24133499
>/biz/ is completely fucking cancer now
Nice, then you should have no issue fucking off back to where you came faggot

>> No.24133582

>>24132842
thank god i'm not murrican

>> No.24133751

>>24132842
>I just assumed I wasn't going to be taxed because I only made a little money
>>24133466
What were your total capital gains for that year?

>> No.24134273

If I withdraw my initial investment there are no realized gains so do I have to pay tax?

>> No.24134682
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24134682

>>24132842
>he fell victim to one of the classic blunders