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/biz/ - Business & Finance

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12545131 No.12545131 [Reply] [Original]

Any tax anons here? What will the irs do if I report my 2018 trades, which are probably break even or even at a loss when I dumped by icx at 50 cents and took a 75% loss on it, when I didn’t file anything for 2017? Are they more likely to audit my 17 shit and go snooping around? If I didn’t make any gains this year should I just sit tight til I actually cash out?

>> No.12545137
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12545137

the IRS is unironically ready to kill you for money

>> No.12545250
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12545250

>>12545131
You didn’t file? Or you didn’t enter any trades in last years filing?

>> No.12545252

>>12545137
But with that shooting stance holy kek

>> No.12545262

>>12545250
Filed but didn’t cash out so didn’t report it. Tax professionals at the time even said not to

>> No.12545268
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12545268

>>12545252

>> No.12545318

>>12545252
>be veteran
>get taught to shoot like an absolute goblino
>think knows how to shoot because other goblins taught you
>tell all clients to hunch over like goblins

profit

>> No.12545362
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12545362

>>12545262
Ok then yea it’s something to be concerned about. You are supposed to report crypto to crypto trade gains. However, you won’t be audited if we’re talking values less than $100,000 IMO

>> No.12545417

>>12545318
Rex fucking kwondo
>>12545362
Yeah I guess it’ll be cool then, so I should just report the 2018 shit and call it a day? It wasn’t even very many trades, I pretty much just sat watching my butthole get reamed out.

>> No.12545439

>>12545137
>>12545268

Why the fuck would the IRS need armed forces? Tell me Burgers wtf?