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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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12923989 No.12923989 [Reply] [Original]

So I am trying to file my taxes. I have literally no idea the number and trades which I did on coinbase. I am basing my numbers off their tax tool and it seems off to me because the capital gains were insanely low. What do I do. Do I just pay the lesser amount?

>> No.12924000

Use that number because your plausible deniability is that you tried to the best of your knowledge based on 3rd party info

>> No.12924004
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12924004

dude this was a concern last tax season, not this year. LARP.

>> No.12924023

>>12923989
if you didn't get mail from coinbase you really shouldn't put it on your taxes

>> No.12924074

>>12924004
I did FY2017 with no problem because I had just started to dip my toe into crypto but I cashed out everything in FY2018 so I thought I had more capital gains than I did.

>> No.12924083

>>12924023
I am applying for several jobs which require a polygraph and I don't want to lie because taxes and debts may come up in the polygraph.

>> No.12924146

bump for help

>> No.12924166

Btt

>> No.12924215

>>12924083
I think you made a thread about the wrong problem

>> No.12924226

>>12924215
What do you even mean by that?

>> No.12924237

>>12923989
Why are you even worrying? The IRS is severely underfunded so they probability they will come for your extra 5 cents in capital gains is 0. And even if they do you can claim "Oh, I used the tool sorry I didn't notice the mistake". Heck, if I was you I would pay even less in taxes and if they come for you (again, 0%) just say that you fucked up.

>> No.12924244

>>12924226

Use bitcoin.tax and just pay the $30. Automatically imports all your trades and you're worry free. Send the 8949 form and use the summary exception.

>> No.12924245

>>12924083
The polygraph does not work you retard. It only measures if you are calm, literally just stay calm and you can claim that you paid your taxes and even donated a billion dollars to the IRS to fund the government because you are the goodest goy.

>> No.12924252

>>12924083
where do you live that does this?
is this b8

>> No.12924293

>>12924083
probably some US state. you can't mop puke off a floor in the US without proving you haven't smoked a joint in the past 3 days

>> No.12924294

>>12924252
Federal law enforcement jobs.

>> No.12924364

>>12924245
I know that but that doesn't mean that it is ethical to lie about it jus tbecause I could, if i wanted, remain calm.

>> No.12924710

>>12923989

this isn't hard. stop acting like an asshat and learn math.

>> No.12924723
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12924723

>>12923989

Good goyim. The kikes have train you well obedient slave.

>> No.12924745

>>12923989
Make a spreadsheet of all the buys and sells and the cost basis of each transaction, its called the 8489 statement, just attach it to your return, its easy, I did it and it took me just an hour a day for 22 days.

>> No.12925135

>>12924710
Well a problem is that I moved things to hardstorage and back .