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/biz/ - Business & Finance

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13121343 No.13121343 [Reply] [Original]

If i live in Ohio, Arizona or Wyoming and I pay my taxes using crypto which they allowed now do I get taxed on that transaction event

>> No.13121353
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13121353

Hey jannies, there is the mouse again, please ban it.

>> No.13121362

>>13121343
Yes. And when you pay the taxes on that event in crypto that'll be a taxable event as well. It's like xenos paradox, constantly getting closer to 0 but never quite there.

>> No.13121782

>>13121343
>>13121362
This. There is an exponential formula / Taylor Series you can calculate as long as you have simple calculus knowledge. Eventually all the micro-taxeable events add to a discrete and finite sum, which you can transfer directly to the IRS

>> No.13122277
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13122277

>>13121353

I like the mouse desu