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58448628 No.58448628 [Reply] [Original]

>tfw didn't sell or make a single transaction in crypto for years
>tfw no "taxable events" to report
How are you planning to cope with the fat tax bill once you sell?

>> No.58448638

>>58448628
By using my profits to pay for the taxes you dumb fkn retarded nigger

>> No.58448642

>>58448628
>all my BTC gains are from holding BITO
>pays out 22% in dividend taxed at capital gains rate instead of as normal income
>sell call options against my stack for additional income, also taxed favorably (40% capital gains, 60% income)
I don't really see the point in holding bitcoin directly if you live in the US.

>> No.58448648
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58448648

>>58448628
>Get all my savings into BTC
>Short BRC20 tokens from satoshisync for profit
>Pay almost all my services with USDT
Why do I need to pay taxes anyways? They can't prove anything

>> No.58448670

>>58448628
>once you sell
>sell
you mean buying dollars?
HAHAHAHAHAHAHAHHAHAHA
no thanks, keep your "dollars" LMAO

>> No.58448671

>>58448648
USDT is the one backing the dollar now LMAO
you can't make this shit up
THE LARGEST PRIVATE HOLDER OF TREASURIES IN THE WORLD
the US government has only paid its bills because of tether lol

>> No.58448676

>>58448638
>profits
Stop larping.

>> No.58448705

I did some memecoin gambling and I think I made like a thousand dollars after everything? I'm not even sure w/ all the gas fee and swapping between a bunch of different coins over and over again
taxes are going to fucking suck, not worth the 1k

>> No.58448742

>>58448671
That doesn't sound good... I'm dumping all my USDT for FDUSD