[ 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: 373 KB, 1080x1005, Screenshot_20190726-163641_Chrome.jpg [View same] [iqdb] [saucenao] [google]
14988925 No.14988925 [Reply] [Original]

wakey wakey coinfags

better pay those taxes :)

>> No.14988948

wtf bros (((they))) won...

>> No.14988954

>>14988948
you thought they would let their dindus go hungry?

>> No.14988976

>>14988948
>current currency is fucked
>lets make our own funny money so that ww can toppel pre existing funny money
>suprised when the goverment steps in
Bravo /biz/

>> No.14988980

>>14988925
more like tax non-payers right?

>> No.14988982

>>14988925
ooooooooo im soooooo scared no i'm not you faggots, the irs are a bunch of doughy doofuses, i don't give a shit

>> No.14988987

NUUUUHHH UUUUUUUHHHHHHHH

>> No.14989009
File: 167 KB, 800x533, 08.jpg [View same] [iqdb] [saucenao] [google]
14989009

You guys aren't paying your taxes?

>> No.14989033

Didn't sell. Not paying.

>> No.14989129

I paid my taxes the year I went over the 0% threshold. I should be fine. I only take out like 4 or 5 hundred bucks a month of crypto now

>> No.14989232

>>14988925
Paying crypto tax is easy, bitcoin.tax and even turbo tax now have all you need. It isn't hard.

>> No.14989483

When crypto bottoms out , people who lose over 100k will be carrying loses over for life

>> No.14989524

>>14989129
i rather not pay taxes on crypto. in my country it counts as currency and gains on currency exchange are only taxable if high frequency (withing a year) just have to hold crpyto for more than a year and no taxes.

>> No.14989536

>>14989483
Only if they sell or trade once it bottoms out

>> No.14989699

>>14988925

I paid taxes, had some big gains in 17-18. Peace of mind. There's also no statute of limitations if it's fraud, so enjoy living with uncle Sam's dick lurking around the corner at all times if you don't pay, at least if you're merican

>> No.14989718

What’s the point of getting into crypto when every time you cash out no matter the amount you have to pay income tax. At least with gold and silver you don’t have to pay tax if you made capital gains so long as it’s below $25k.

>> No.14989747

Ok so I put in 20k in sept 2017. It went up to 220k in January 2018. And then it crashed like a bitch back to 25k. Never paid tax. What to do. I bought in through coinbase but it was all transferred to bittrex and then bought a ton of Chainlink on myetherdelta and it’s sitting there to this day.

>> No.14989763

>>14989718
>At least with gold and silver you don’t have to pay tax if you made capital gains so long as it’s below $25k.
Wrong!

Gold and silver are even worse than crypto when it comes to taxation in the USA.
The long term capital tax rate for gold and silver is 28% because they're taxed as a collectible.

>> No.14989764

>>14988925
so you have to pay taxes even if you never sold ?

>> No.14989765

>>14989232
thank you. just payed taxes through both

>> No.14989771

>>14989699
muchas gracias senior

>> No.14989773
File: 47 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
14989773

>>14989764
Ha! You didn't know about the bad goy tax? Maybe this will teach you to stick with fiat.

>> No.14989781

>>14989747
>I put in 20k in sept 2017. It went up to 220k in January 2018. And then it crashed like a bitch back to 25k. Never paid tax.
That WOULD HAVE been ok.

>it was all transferred to bittrex and then bought a ton of Chainlink on myetherdelta
That's where you fucked up.
You realized gains when you traded one cryptocurrency for another cryptocurrency.
Time to collect records and get into compliance.

>> No.14989792

>>14989781
Come on how the fuck will they be able to follow it. What if I say I lost my fucking password. It’s still sitting on fordelta anyway hasn’t moved in 2 years or more so clearly I lost it.

>> No.14989822

>>14989792
They're transparent blockchains
IRS can just look at the bitcoin addresses that you withdrew bitcoins to from coinbase
They can see that they have been on the move ever since (because you traded them for other crypto)
You're only digging yourself a much larger hole by lying. That's called tax evasion and tax fraud.

>> No.14989846

Only 800 people in the entire country reported crypto on their taxes and the IRS is only going after the cucks who fell for the KYC meme, lmao.

>> No.14989852

>>14989846
>Mfw I was one of those 800
>Mfw it was to write off my losses

:)

>> No.14989858

I paid my taxes and filed extension on other things and I'm still worried even though I used software to calculate everything...

>> No.14989860

>>14988976
what? just because you're being prevented from evading taxes doesn't mean crypto is being under attack, lol this is completely normal

>> No.14989921

>>14989747
As far as I remember, you only pay taxes on what you cash out.

>> No.14989946
File: 31 KB, 456x320, 1510829862589.jpg [View same] [iqdb] [saucenao] [google]
14989946

>multinationals avoiding tax
>i sleep
>bunch of shitcoin holders neeting it up
>REAL SHIT

>> No.14989952

>>14989860
faggots like you are the reason we have to pay taxes on making money through the boomer conundrum.
go fuck yourself.

>> No.14989953

>>14988925
most of us poor fags will probably just get the 673 notification letter. the rest of you rich fags are in deep shit. your getting the "-A" letter for sure. You're getting audited lol.

>> No.14989967

>>14989921
Anytime you switch to a different asset it's a taxable event in the US. In other words, this is going to be a huge headache for anyone that KYC'd on an exchange like Coinbase.

>> No.14989970
File: 14 KB, 275x183, 8ueu899.jpg [View same] [iqdb] [saucenao] [google]
14989970

Reminder to all that donating to charities of your choice is tax deductible for up to 60%. Better than giving your money to the shitheads in Washington.

>> No.14989983

>>14989967
its taxable, but the IRS isn't going to audit a bunch of NEETS who lost everything in the crash. They're going to audit the guys who have $100k transactions to their bank accounts from coinbase.
Why would they target the tards holding erc20 bags who literally won't be able to pay them anything?

>> No.14989992

>>14989970
(((shitheads)))

>> No.14989994

>>14989970
Based and charitypilled

>> No.14990003

>>14989967
so each time you move XX.XX to coin X you have to pay x% of the amount moved in USD?
Yeah, if the IRS wants to come track me down for ~100, I'll just give them the cash on the spot so they leave me alone.

>> No.14990004

>>14989970
based and christianitypilled

>> No.14990007

>>14989822
the article said coinbase only gave account info from 2013 to 2015. So if we're after are we cool? I didnt get started until 2017

>> No.14990035

how we gotta pay taxes but da gubment don't recognize bitcorns as real currency?

how dey can tax me on crypta to crypta trades, but i aint even playin wit dey US dolla?

>> No.14990041

>>14988925
the amb 0.1 dust attack was to find out your addresses boys.
also
>sending letters
are we still in the fucking dark ages, hit me up on snapchat irs

>> No.14990051

>>14990007
you have to be delusional to believe this

>> No.14990080

Article said up to 10,000 letters will be sent. Coinbase says they have about 13million users

That's less than .1% of coimbase users alone

>> No.14990086

>>14990035
our POTUS, as much as I admire him, just had the audacity to claim something so stupid as bitcoin being backed by thin air.
i can't believe POTUS would betray anon like this.

>> No.14990092

>>14990007
No, other people from 2017-2018 reported receiving the letter, so I don't think it's limited to those years.

>> No.14990097

>>14990080
but how many are chainlink holders?

>> No.14990106

>>14990080
I'm still desperately clinging to the narrative suggesting they're only going after the big players that were looking to hide their dirty money.
God I fucking hope that's the case.

>> No.14990117

>>14989718
Same thing for crypto, long term gains is 0% for under $35k plus the $7k deductible

>> No.14990121

>>14990007
No. You still have to pay your taxes. Failing to do so is a felony called tax evasion.

>> No.14990133

>>14989953
The 73 one means you're already being glownogged

>> No.14990159
File: 18 KB, 147x148, 13329482058.png [View same] [iqdb] [saucenao] [google]
14990159

>>14990080
>tfw there's only 10k people buying/selling crypto on goybase, rest is fake numbers

>> No.14990211

Don't have to pay taxes if you're never selling.

>> No.14990222

>>14990092
when the fuck did the letters go out? i havent gotten one. what address would they use anyway, most recent? I never associated my ssn anyway bc i got in before they asked for verification and shit like that

>> No.14990230

>>14990159
This crossed my mind as well.

>> No.14990232

>>14990222
Apparently they will be going out until the end of August, or about 5 more weeks.

>> No.14990292

>>14988925
I'm not a mutt lmao

>> No.14990296

>>14988925
This is called the ‘so you think you’re too good to be a wagie?!’ Tax.

>> No.14990321

you little cocksuckers paying taxes on your crypto. fuck all of you! you are all the cancer that is going to kill crypto. Bitcoin never sent me a 1099, and they never will. maybe if you stupid fucking newfags used crypto for goods and services instead of pumping and dumping on exchanges, but alas, you have no idea why we started these networks.

>> No.14990359

>>14990321
>paying taxes on your crypto
AKA following the law

>used crypto for goods and services
Still taxable. Remember ,we follow the law.

>why we started these networks
Bitcoin and crypto wasn't created to break the law.

>> No.14990366

>being american
shiggy diggy

>> No.14990369

I'm a CPA who works in corporate tax. AMA.

>> No.14990395

from my cold dead hands :)

what part of unconfiscatable do you not understand?

>> No.14990431

>>14990359
boot lick activated

>> No.14990495

>>14990359
>The law doesn't have any specific mention of cryptocurrency
>Never been tested in court.
>No one has the cash available to pay up.
>Sending pathetic scare letters

Why do we fund the govt so much? Is it to drag people down that are trying to make it? Why not go after big businesses that are sending our jobs to China.

>> No.14990496

>>14990159

Believable in this gay faggot market

>> No.14990504

>>14990495
The people who work for the IRS tend to be losers who get off on screwing people over

>> No.14990522

>>14990495
>The law doesn't have any specific mention of cryptocurrency

https://www.irs.gov/pub/irs-drop/n-14-21.pdf specially mentions crpyocurrency

>> No.14990580

Don't want to pay taxes? Then don't cash out to fiat. Use cryptocurrency like it was meant to be used. Use decentralized exchanges, never associate your personal identity with your crypto addresses. If you already bent over and sent coinbase your ID then you already fucked up just pay the tax. Its literally an automated system that flags you, there is no way to get around it. Learn your lesson and use decentralized exchanges from now on. And most importantly don't cash out. Any time you cash out to a US bank is obviously the place they're going to catch you like they catch all other tax evaders trying to spend money without getting taxed. Anyone acting you can just say fuck it and not pay after cashing out 5+ figures is a poorfag. Just pay the tax and move on, learn your lesson and don't use fiat.

>> No.14990589

>>14989852
Same anon

>> No.14990613

>>14990003
It's always astounding to me, that you don't know how it works, but you went ahead and did it anyway.

>> No.14990617

>>14990117

If you're in usa this is completely wrong

If not then gg im jelly

>> No.14990626

>>14990395

They don't want your crypto dumbass they want your fiat. And if you can't pay you get locked in a cage.

>> No.14990635 [DELETED] 

>>14988925
how are you supposed to keep track of everything when you go all in a coin that is mooning every couple of days. I'm already down 80% if I have to pay more that's everything gone.

>> No.14990637

>>14990121
Failing to pay is not a felony. It's a civil matter, and is treated like any other debt, in civil courts.

>> No.14990650

>>14990504
The vast majority of people who work at the IRS are accountants and bookkeepers, and you're just a fucking crybaby.

>> No.14990705

>>14990637
without a jury of your peers?...
>what is a constitution
You know, it's always a joy when FEDs hang out with us in these threads.
Are you getting scared, little guy? I don't blame you.

>> No.14990719
File: 13 KB, 640x712, 5c40f95cb6bcb7cf06342e53fdded3d2791893998d01d815d99645caff628225.png [View same] [iqdb] [saucenao] [google]
14990719

>>14988925
>I didn't receive one

>> No.14990740

I paid my taxes, 40k GAINS in 2017(350k unrealized), losses in 2018. KEK

>> No.14990747

>>14990159
>the irs sent 10k letters to entirely fake accounts
>they just sit at the bottom of the dead letter bin at the post office

>> No.14990751

>>14990705
>Thinks the Constitution has anything to do with it
Not paying taxes isn't a criminal act, retard. Go look it up on the IRS site. "Muh jury of muh peers" in a civil court - do you even know the difference, room temp IQ? No, you don't.

"B-but, you're a fed because you know how tax laws works"
You couldn't be more childish, if you tried. Grow up, manlet.

>> No.14990766

>>14990637
PURPOSELY failing to pay is FELONY TAX EVASION and is a CRIMINAL MATTER.

>> No.14990800

>>14990766
NO ITS NOT, and typing in capitals doesn't make you right, sped.

Tax evasion is hiding income. Learn the difference, you fucking mongoloid.

"Hurrr derrr, i don't know shit about actual laws, whut, why do I get letter from IRS?"

Fucking spastics, lol.

>> No.14990805

>>14990751
pretty sure its a felony. Wesley Snipes did like 5 years for tax evasion.

>> No.14990822

>>14990805

That's because he refused to pay after he got caught.

>> No.14990829

>>14990751
Civil courts are meaningless. Any judicial decision must be made by a jury of your peers.
>but... i grew up here all of my life. i know i'm right!
Time to learn about the real world, big boy.
>But... but I know tax laws
And not history, apparently.

>> No.14990844

>muh what is the fourth amendment
>"[t]he right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized."
>but wait muh tax laws
You're fucking retarded, boomer.

>> No.14990861

>>14990117
Nope it's in USA if you held what you're selling for over 1 year.

https://www.nerdwallet.com/blog/taxes/capital-gains-tax-rates/

>> No.14990878

>>14989718
>>14990117
It looks like that doesn't apply to gold and silver but crypto is taxed as property not collectibles

>> No.14990879

>>14990800
>Tax evasion is hiding income.
You can't possibly think only income is subject to tax.

>> No.14990880
File: 45 KB, 669x301, Screenshot 2019-07-26.png [View same] [iqdb] [saucenao] [google]
14990880

>>14990800
>Punishment for TAX INVASION, which includes NOT PAYING YOUR TAXES, can result in you spending up to five years in a federal prison.

>> No.14990898

>>14990878
Yep, cryptocurrency is superior to precious metals in every possible way.

>> No.14990918

>>14990805
Evasion isn't not paying. It's really simple:

File return. You owe $1000.
You don't pay.

You cannot go to jail for that. Period.

The things that WILL get you put in jail, is hiding income, not filing (rare, most of the time they just file for you, and then get a judgement on what they think you owe, at which point you can file an amended return), or helping someone hide income.
Once a return is filed, you cannot be put in jail for not paying - but they will take you to a civil court, to get a judgement, and that opens up collections solutions, like liens and garnishments.

Snipes did 3 years on misdemeanor charges, one year for each year he refused to file, because he was trying that sovereign citizen shit, and the judge got tired of his shit. That whole case is so far from how a normal citizen would be treated, it's not even worth bringing up in this context - but the important thing to note is he was NOT convicted of felonies in that case.
Not paying your taxes is not a felony, nor is not filing. The point felonies become a thing is when you're committing purposeful fraud.

>> No.14990935

>>14990844
Oh, look, foamer has more to be wrong about, lol

>> No.14990941

>>14990918
>You cannot go to jail for that. Period.

>what are liens
>what is wage garnishment

They're still gonna wreck your shit. With interest.

>> No.14990944

>>14990880
>TAX INVASION
Sure, Jan

>> No.14990948

>>14990935
>wait, the IRS keeping logs of all of our transactions, keeping personal files on all of us, and then executing debt retrieval was illegal all along?!
You can't possibly be this new, can you?

>> No.14990955

>>14990941
Yes, they will wreck your shit, which is why playing games is fucking dumb. I don't love paying taxes, but as a US citizen I have to, or I have a massive, stupid headache to deal with.

>> No.14990964

>>14990948
LOL. You're adorably ignorant. Keep foaming, the entertainment is the only value.

>> No.14990968

>>14990086
>I can't believe Zion Don would betray young single White males
Wake up and smell the roses

>> No.14990980

>>14990968
>Wake up and smell the Rosensteins and Rosenthals

>> No.14990981

>>14990968
Oh yeah... I forgot you were all retarded here.
I guess that's why >>14990964 is generations deep in denial still.
>what is sovereignty

>> No.14991007

Good luck fuckers

>> No.14991013

>>14990981
Now the sovereign citizen fag is passively aggressively crying at me, lol.

>> No.14991032

>>14991013
I'm pretty sure I'm in a great mood, anon.
But, no. I'm not some "sovereign citizen". I just happen to know history and am familiar with our constitution, as you obviously aren't.
>and then I made sure he was on a list!
You couldn't be any more faggot if you tried.
Why don't you faggots ever think we'll spot you?

>> No.14991172

>>14990637

Fraud is criminal you retard

>> No.14991649

>>14988987
YAAAAA AAAHHHHH

>> No.14991661

>crypto to crypto is taxable

its honestly fucking insane how do they get away with it

>> No.14991715
File: 393 KB, 1073x1271, Screenshot_20190727-064837_Firefox.jpg [View same] [iqdb] [saucenao] [google]
14991715

1/3

>> No.14991723
File: 223 KB, 1080x593, Screenshot_20190727-065332_Firefox.jpg [View same] [iqdb] [saucenao] [google]
14991723

>>14991715
2/3

>> No.14991737
File: 200 KB, 1080x615, Screenshot_20190727-065404_Firefox.jpg [View same] [iqdb] [saucenao] [google]
14991737

>>14991723


So basically ppl who received that note from coinbase probably complied already. So where is the IRS getting the rest of the people?

Some anon posted a slide deck from IRS about their surveillance. Can anyone post a link to that? My guess is they are going after crypto twitter retards who are all trading on mex but as UScitizens.

>> No.14992138

I'm not american. Can someone explain why you can't just declare it as a donation or just just convert it to fiat and keep it in an e-wallet, if you must?

>> No.14992180

looks like I owe $15k after losing around $75k last year
this is not right

>> No.14992209

>>14992180
hope do u figure that

>> No.14992218

>>14988925
>being American
LOL

>> No.14992269

>>14989983
Of course they'll audit a bunch of neets, lowest unemployment in decades and you think the government won't have you pay your taxes lol

>> No.14992284

>>14990359
imagine being this cucked

>> No.14992313
File: 532 KB, 661x394, kshine.png [View same] [iqdb] [saucenao] [google]
14992313

ahaahahahahah lol at being a burger JFL

ahahahahhahaahhahaah

you guys are living in memeland hahahaahahahaahahahahaha


>this is good for bitcoin

>> No.14992341

So if Cuckbase is kowtowing to the gov how are you supposed to buy cryptos? Sure when you have some cryptos already its easy to use a decentralized exchange but if you want to convert fiat into crypto?

>> No.14992351

>>14990880
Why is your screen orange, retard?

>> No.14992389

>>14988925
In germany tax evadion has a statute of limitations of around 5 years i think. My coins also have been through now non existing exchanges.

>> No.14992548

>>14989033
This

>> No.14992614

>>14988925
LAND OF THE FREE

>> No.14992621

why don't we make our own online currency that isn't a cryptocurrency so that it doesn't fall under their regulations? it'll take years for them to catch on and regulate it.

>> No.14992631
File: 67 KB, 500x375, 438.jpg [View same] [iqdb] [saucenao] [google]
14992631

>>14988925
H&R Block said I didn't have to pay taxes unless I cashed out.

I think I'm going to need a lawyer - one with the biggest nose I can find.

>> No.14992662

>>14988925
>But running all your crypto trading through a foreign exchange and cashing out into a foreign bank account
Lmao

>> No.14992670

>>14988925
>work hard for money
>use it to invest
>get lucky and make a nice profit
>some glorified gang sends you a letter and tells you that you need to give them their cut of the money or you go to prison

>> No.14992675

>>14992614
SAY IT WITH ME
LAND OF THE FREE

>> No.14992681
File: 10 KB, 240x231, IMG_7526.jpg [View same] [iqdb] [saucenao] [google]
14992681

>>14991715
>>14991723
>>14991737
Can't wait until that one Anon (me) loses his shit and starts shaking federal IRS agents in the parking lot while they walk to their cars at night.

I'm going to fucking start killing people If I get fucked over.
HILLARY CLINTON IS STILL WALKING FREE FOR VIOLATING FEDERAL LAW

FUCK THE FEDERAL GOVERNMENT

I PRAY TO GOD SOMEONE STARTS BOMBING YOUR SHIT HOUSES AND YOUR SHIT PLACES OF WORK

>> No.14992682
File: 1.20 MB, 1244x2156, 1542636955344.png [View same] [iqdb] [saucenao] [google]
14992682

>>14992670
they need that money to buy votes from welfare niggers

>> No.14992735

Imagine, for a moment, that you are an IRS agent. A proud American Patriot who takes their job seriously. You show up to work, an eagle soaring over your head as you enter the Federal building. You check the latest news headlines: "Billionaire Epstein raping kids on a tax evasion island he transports the most connected American politicians and elites to and from, will there be justice?". You laugh slyly as you down your bottom barrel preground coffee sludge as you check your 401k and pension statements. "Only 35 years to go until I can retire, that'll be the day". You realize you forgot to pay your mortgage to your bank which launders Mexican cartel cash and shorts your mortgage in a derivative that you need two PhDs to understand as they structurally attack the economy and destroy the standard of living for hundreds of millions of workers. You then realize you forgot to pay your child's rent in a university town house owned by a foreign tax evading money laundering Chinese national who has three children conducting industrial espionage financed by the CCP. You turn on your 2009 iPod touch and navigate to your Greatest Hits playlist, with a pair of Bose comfort headphones adorned over your ears, and click play while assessing your task for the day. "Follow up on NEET who inherited 40k from deceased relative and owns 32k of cryptocurrencies from hundreds of trades". Living the fucking dream.

>> No.14992741

>>14989524
based Germany

>> No.14992742

>>14992341
Can you name one for me?
I'm retarded

>> No.14992808

>>14988925
Imagine thinking I will ever cash out more than 2% of my holdings. You poorfags don't seem to realize holding 500+ BTC means you never have to carry FIAT.

Also, when TRV goes live, the real fireworks begin.

>> No.14993530

>>14989524
>>14989524
"How are crypto currencies categorized for tax purposes?
Crypto currencies are not legal tender. Rather, they are regarded - at least in income tax law - as intangible assets.

3 How are gains/losses from crypto trading taxed?
If the purchase and sale of crypto currencies is undertaken as a private individual, § 22 No. 2, § 23 Para. 1 No. 2 EStG are relevant. This is a private sale of "other assets". According to § 23 para. 3 sentence 1 EStG, the profit or loss is the difference between the selling price on the one hand and the acquisition and income-related expenses on the other. Therefore, only the acquisition price must be deducted from the selling price. The fees for trading on the stock exchanges are income-related expenses and therefore deductible.

Section 23 (3) sentence 5 EStG also provides for an exemption limit of € 600, until which all private sales transactions during the assessment period remain tax-free. If the limit is exceeded, however, the entire amount must be taxed from the first euro."
>https://www.winheller.com/bankrecht-finanzrecht/bitcointrading/bitcoinundsteuer/besteuerung-kryprowaehrungen.html

>> No.14993565

>>14988925
>Open a shell company in Singapore or Hong Kong
>Cash out crypto in those countries
>dontpaytaxes.jpg
It seriously isn't that hard

>> No.14994572
File: 88 KB, 488x679, 1562980565595.jpg [View same] [iqdb] [saucenao] [google]
14994572

>>14988948
I FUCKING TOLD YOU FAGGOTS YEARS AGO. THANK GOD I WAS A GOOD GOYIM AND FUCKING PAYED THE TAXES ON MY PROFITS.

I TOLD YOU IF YOU WANTED TO GAMBLE WITH YOUR LIFE LIKE THIS TO DUMP AND HOLD MONERO UNTIL THE GOVERNMENT COLLAPSES. HAVE FUN IN PRISON FREN.

>> No.14995000

Scaremongering bullshit, get a fucking a accountant, how many more times.

>> No.14995008

>hurr it's on the internet so I don't have to pay taxes
retards

>> No.14995041

>>14990880
5 years of hodl in prison come out as a billionaire

>> No.14995129

>>14995041
worth it

>> No.14995190

>>14989763
bullshit

>> No.14995220

>>14988925
Taxation of any kind is morally unjustifiable and IRS are a bunch of thieving thugs

>> No.14995344

>giving your money to a bunch of gangsters

>> No.14995375

>>14992631
>H&R Block said

>Not using a dedicated CPA who keeps up to date on the IsraeliRevenueService and how it handled crypto

That's a yikes from me dawg.

>> No.14996444

What actually is the point of crypto?

>> No.14996621

>>14996444

Alternative money but moonboys and governments are ruining it

>> No.14996642

This thread glows in the dark

>> No.14996710

>>14989129
What is structuring?

>> No.14996729
File: 24 KB, 434x220, irspillarspyramid.jpg [View same] [iqdb] [saucenao] [google]
14996729

>>14988925
REMINDER, it's (((our))) world, Goy. Thought you could make some money for yourself so you can hide from us? Heh. Nope. You are a fucking resource. A cheap good to be bought and sold. You will obey. NOW. Slave.

>> No.14997017

>>14988925
Wait.. how the fuck are they going to tax crypto "HOLDERS"? I get taxing people trading obviously, but holding is just people buying bitcoin and sitting on it. What are they suppose to tax? The amount it has gained over a year?
That's retarded

>> No.14997094

>>14997017

Thats not what theyre doing

>> No.14997114

>>14995000
it's pointless to keep telling them. let them larp.

>> No.14997122

>>14988925
i didn't get one and i traded from $500 in 2017 to 650k today

>> No.14998074

>>14988925
Imagine being a burger and not being able to change your residency status to reduce your legal tax burden to 0%.

T. Leaf

>> No.14998091
File: 242 KB, 2048x1896, 1502543023828.jpg [View same] [iqdb] [saucenao] [google]
14998091

I posted this in the other dead thread

What to do if I haven't received one yet? I've really only made sporadic trades on Poloniex in 2017. Withdrew all my shit to private wallets and intend to wash it with Monero and start trading on DEX's from here on out.

Might I be good?

>> No.14998093

>>14998074
Imagine not knowing about puerto rico

>> No.14998115

>>14998093
Imagine not knowing about the hurricanes in peurto Rico that will kill you making the 0% capital gains tax you have useless

>> No.14998387

>>14988925
>wakey wakey coinfags
just 10000? wtf LMAO

>> No.14998465

jokes on them, i claimed -18k loss in 2018

>> No.14998497

Also I'm a nulinker, ex-REQ-bagholder, I've been throwing 500 a week on link since July started and I bet I'm still gonna be able to report losses
>SWING LINKERS GET THE ROPE

>> No.14998519

>>14998465
And the only reason I bothered reporting it was cuz cuckbase sent a 1099 on my behalf which had a gross of like $150k in transactions, even though i only put in 15k and my ATH was $27k

>> No.14998546

>>14998115
Why do they not have houses that are built to withstand that kind of shit. You would think by now everything built on that island would look like domes or something similar.

>> No.14998576

Also how do you report gains if your USD value declines while your sats continue to grow? The IRS is getting wrecked as fuck once people know how to hand bear trends better. Everyone will report loses while in reality they are making a killing.

>> No.14998735

>>14988954
Lol’d

>> No.14998771

>>14998576
The IRS doesn't live in your imaginary world.