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/biz/ - Business & Finance

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File: 301 KB, 1000x800, 6236DC26-F5A1-45D6-B5B5-F31FBCC06083-2136-0000031CA9D34D2A.jpg [View same] [iqdb] [saucenao] [google]
2907522 No.2907522 [Reply] [Original]

I made $120 today

>> No.2907535

>>2907522
Good job op

>> No.2907542
File: 27 KB, 160x160, 1466981763039.jpg [View same] [iqdb] [saucenao] [google]
2907542

>tfw made 0.07 btc this morning then lost 0.2

>> No.2907543

proud of u bby ;)

>> No.2907544

See you tomorrow when u lost 200

>> No.2907550

I LOST $3000 TODAY

FUCK THIS GAY EARTH

>> No.2907567

>>2907535
>>2907543
Love you

>> No.2907573
File: 9 KB, 240x193, 1478725584354.jpg [View same] [iqdb] [saucenao] [google]
2907573

>>2907550
how did you lose anon
I lost a similar amount once

>> No.2907588

>>2907522
good job sexy frogposter!

>> No.2907607
File: 61 KB, 600x823, thumbsupcat.jpg [View same] [iqdb] [saucenao] [google]
2907607

>>2907522
Nice dude

>> No.2907725

>>2907522
Before or after taxes?

>> No.2907741
File: 120 KB, 2210x1296, IMG_8166.png [View same] [iqdb] [saucenao] [google]
2907741

>>2907725
>taxes

I have no income, thus, not taxable

>> No.2907758

>>2907741
At what point are crypto/investment gains counted as income in Leafland (assuming pic is related)?

>> No.2907813

you dont just gotta report to fintrac if its over 10k and they just make sure its not laundered drug money

>> No.2907838

>>2907813
Fuck. Wish it was this simple in the US.

Taxes are a huge headache here. Actually making crypto gains has been easier than trying to wrap my head around the whole system to figure out how much I owe.

>> No.2907887

>>2907542
I lost 0.6 between the market crash and yesterday. I learned my lesson and you should too.

>> No.2907901

>>2907758

When you cash into fiat

>> No.2907938

>>2907813
Are you sure? Are cryptos not capital gains in Canada?

>> No.2907946

I've reached $500 for the first time today. Feels good, soon I'll be a millionaire

>> No.2907957
File: 15 KB, 420x420, 9F1136A2-FBD7-4A0D-943B-49788F50EEBC-744-000000ABB26CD4A0.png [View same] [iqdb] [saucenao] [google]
2907957

>>2907758
>>2907938

(Gain*0.5)*tax rate

($120*0.5)*0

>> No.2907971

>>2907725
Fuck americunt no one pay tax over crypto , only you tards

>> No.2907988

>>2907522

you'll lose it tomorrow, no worry

>> No.2908021

>>2907522
lost 2k and then gained 1k

>> No.2908038

>>2907971
I don't WANT to pay taxes, but I also don't want to get brutally raped by the Internal Revenue Mafia, so there's not a good alternative, anon.

Our country is great in many aspects but there's always going to some sucky parts, you can't have it all...

>> No.2908040

*going to be

>> No.2908043

>>2908038
Such delusion your country is shit in all aspects.

>> No.2908047

well done.

I think I lost all my money this month, need to go get a job now, enjoy it whoever won

>> No.2908072

>>2908043
Nice meme

>> No.2908180

>>2907957
wait if you don't have any income then you pay 0 capital gains? KEK

>> No.2908187

>>2908072
Nice country

>> No.2908209

>>2908180
Yep. No income tax paid if you make under about 10k, thus, no capital gains tax.

>> No.2908260
File: 27 KB, 657x527, 1487171766878.png [View same] [iqdb] [saucenao] [google]
2908260

>>2907522
i lost $120 today

>> No.2908289

>>2908043
But we have air conditioning.

>> No.2908296

>>2907522
My man!

>> No.2908306

>>2908209
wait, does that mean if i dont have an income but i cash out, say, 50k worth of bitcoin, it wouldnt be taxed? or since it's over 10k it would be considered income? sorry for the stupid question