[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 5 KB, 216x225, aaaaaaaaaaa.jpg [View same] [iqdb] [saucenao] [google]
26099427 No.26099427 [Reply] [Original]

OH MY GOD ITS REAL MY BANKS WONT ALLOW ME TO CASH OUT TILL IM AUDITED. I NEVER THOUGHT THE DAY WOULD COME. I HAVE NOT FILED TAXES IN 3 YEARS OH MY FUCKING GOD I DONT KNOW WHAT IVE DONE

>> No.26099445

>>26099427
How much u trying for op?

>> No.26099457

is this actually happening to you or larp?

>> No.26099461

larp

>> No.26099487

>>26099427
Bro how stooped are you? Go to localbitcoins and find a local guy to sell btc to for cash.

>> No.26099494

>>26099427
Holy shit OP is fucked!

>> No.26099508

>>26099427
cash out less than 10K at a time you Pig

>> No.26099529

>>26099427
Don't mess with the IRS kid.
They're worse than the cartel.

>> No.26099531

Makes sense I'd be suspect on a degen whose never had cash trying to make a fat withdrawl. Tbh they probably think it's gang related. For your safety

>> No.26099539

They're not going to shoot you. You'll owe them the money and they'll create a repayment plan. That's the thing with the IRS, it's an inescapable blob and because of that, they don't need or want to hurt you. They'll inevitably squeeze you for the money they are owed.

>> No.26099582

But anon Coinbase has a “sell crypto for cash” button right at the bottom

>> No.26099601
File: 58 KB, 581x701, 1610420597587.jpg [View same] [iqdb] [saucenao] [google]
26099601

>>26099427
TAXATION IS THEFT

>> No.26099619

No shit sherlock. As soon as I found out about the IRS taxing bitcoins I sold most of what I had, with the rest being split between my taxable reserve and my long-term crashout hold. As soon as uncle sam said that they were gonna tax it, banks were going to institute policies to not touch that shit unless you submitted a formal audit or had one done onto you by the government. So now your gains are truly outside the banking system unless you use a middleman to cash your money into visa cards, but this is limited as eventually visa will have the feds on your ass too.

>>26099457

Chain (as in brand names like H&R Block or Edwards Jones) financial advisors have required it since at least 2018. Smaller banks might do it for small amounts, but larger banks will generally deny people if the amount coming in is more than 5% of their overall deposits with that bank. Having a lot of CDs helps here since that makes the bank feel better, but either way as soon as you start putting in regular payments you have to put it down as something taxable or else the IRS will flag it and tell you your taxes were incorrectly tabulated. At this point it's either settling for the requested backtaxes or getting audited.

>> No.26099627

>>26099427
there are ways to cash out without it ever being recorded

>> No.26099639

hahahahahahahaha

>> No.26099733

What did You expect?

>> No.26099777
File: 11 KB, 500x500, pepep.jpg [View same] [iqdb] [saucenao] [google]
26099777

cope fudder cope COPE

>> No.26099887

>>26099777
Checked and keked

>> No.26100145
File: 328 KB, 286x439, sucks.png [View same] [iqdb] [saucenao] [google]
26100145

>>26099619
yeah this isnt a larp im just exaggerating a whole lot. i just dont want to pay my fucking taxes dudee and yeah i have a taxman to do my paperwork. should be easy my bank is just retarded and wont accept the transfer till i have the full files and where all them money went. 4000+ transactons in 3 and a half years aint bad tho. IDK bank is closed till monday so i cant fucking figure shit out. fuck banks. makes almost wish i didnt sell half.

>> No.26100438

>>26099427
OP is a Mutt.
This is what you get for not renouncing.

>> No.26100506

>>26100438
nigger why the fuck would i leave the country i have so much shit here, maybe later but if im getting rich its prolly gonna be in the US and ill move after the fact.