[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 672 KB, 989x669, chainlink meme 2.png [View same] [iqdb] [saucenao] [google]
14778496 No.14778496 [Reply] [Original]

If you transfer all your crypto to a paypal acc which can hold unlimited money (lets say you make 1 millllllliyen dallers) and you just added like $100 a day into your bank account, surely they couldnt tax you on it since you are adding less than taxable amounts into your actual bank account

>> No.14778523

Reported, tipped and IRS'd

>> No.14778531

>>14778523
lol whos to sa im even making money on crypto tho

>> No.14778545

>>14778496
>surely they couldnt tax you on it
anon, I..

>> No.14778544

>>14778531
Explain to them, not to me.

>> No.14778595

to the IRS, i am a speculative man, i do not own more than taxable amounts of bitcoin you can even check bros

>> No.14778602

*i do not own taxable amounts i should say

>> No.14778629

Anon it would take you 10000 days to cash out just 1 million at 100 dollar a day. Thats 27,4 years...

>> No.14778639

Make a loss so that they cant tax you bro.

>> No.14778721

>>14778629
$100 was just a number that popped into my head but it could be any amount that isnt within taxable amounts like $200. i tthink they would get you tho if you made over what is it now $12k EOY? so yeah you would be aswell getting a minimum wage job or signing on to benefits

>> No.14778748
File: 154 KB, 1920x1080, YIKES.jpg [View same] [iqdb] [saucenao] [google]
14778748

>>14778496
>He doesn't know about the 1099-k

>> No.14778901
File: 930 KB, 1052x663, 1519251432543.png [View same] [iqdb] [saucenao] [google]
14778901

>>14778496