/biz/ - Business & Finance

>>57781652
How did you fuck up that badly?

>>57781658
He's american lmao

>>57781652
Pic related, pay them in minecraft notes

>>57781652
I owe $2.5k and didn't even sell crypto in 2023.

>>57781652
just buy risky shitcoins and if u lose ur ass write it off as a loss so u dont pay shit

>>57781666

The worst they can say is no if you send these as payment.

>>57781652
Taxes and inflation are theft, fuck the feds and their 2.7% inflation per year according to Truflation

>>57781717
Based tax evader

>>57781652
The government is a mafia

>>57781691
does this work,
asking for a friend with 60k tax debt from 2021

i think i need a tax laweyer

>>57781691
But only if you trade for a loss in the same calendar year

>>57782664
No. You can't write off money you already owe retroactively. The only way you can write something off is if it occurs "at the same time"

Are you in CA? I just realized today that if I sell my btc in less than a year I lose a third of my profits. What in the flying fuck.

>>57782723
yeah short term capital gains is a bitch man

all those shitcoin trades really fucked me

>>57781652
I got thousands back and I paid about 7% tax total. I also accidentally massively overstated a tax write off in the thousands. Oh well.

>>57781652
Jesus. How? Can you not add and subtract?

>>57781691
>>57782664
>>57782698
>Trade in defi using multiple wallets.
>Make spread sheet listing detailed trades.
>Invent numbers to make them whatever you need.
>Take losses as appropriate.
>Lose wallets in a boating accident as required.
Profit. How nu are you guys?

>>57782820
How the fuck are we supposed to cash out then? Is this why having a Thai wife is so important? So I can cash out into her bank account tax free?

>>57782842
>ffs
Just cash out to a CEX.

>>57782842
Cash out and pay taxes. If OP owes $20k he made a lot of profits. Or use something like spillways and get visa card that the government never knows about

>>57781652
3k, and I'm not doing shit until the IRS breaks down my door and takes me to the tax dimension.
life is better when you just use your earnings (agrs in my case) for yourself instead of paying for road repairs.

Is there ANY way to trade while hiding? I am guessing buying Monero with cash, and using some exchange that doesn't require identity verification? Even here, you can't be sure if the guy you swap cash to Monero with is an informant.