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/biz/ - Business & Finance

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12732313 No.12732313 [Reply] [Original]

do i have to pay taxes if i make money on crypto

>> No.12732318

>>12732313
No. Taxes are immoral and unconstitutional in the US

>> No.12732326
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12732326

>>12732318
oh ok thanks

>> No.12732420

>>12732318
yes the IRS and FED are working together to make the population poor. fuck em. i only pay 0% rate on long term gains. they aint getting shit.

>> No.12732443

Only sales and trades are taxable events. You usually don't need to report if you are buying them. There are some more confusing laws on trading but I am not sure. I would advise to consult a good tax guy.

>> No.12732475

capital gains are taxed

>> No.12732775
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12732775

>>12732420
>>12732443
>>12732475
ok

>> No.12732785

yes the IRS is going to waste hundreds of man hour labour to get your $200 gains. you dont want to overwork the IRS do you goy???

>> No.12732804

>>12732313
is this a trick question? You won't make money on crypto.

>> No.12732822

>>12732313
You have to pay taxes if you make money trading YuGiOh cards for other YuGiOh cards.

>> No.12732867
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12732867

>>12732804

>> No.12732877

>>12732822
best answer

>> No.12732941
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12732941

>>12732785
>>12732822
>>12732877
ok

>> No.12733087

>>12732420
What's your strategy for withdrawing to fiat

>> No.12733929

>>12732313
only if you make enough money for them to care, they dont want the slaves to become rich now