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

/biz/ - Business & Finance


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15038552 No.15038552 [Reply] [Original]

So much makes sense now. Anytime we have trouble in the crypto market it's an opportunity for the IRS to see our true portfolio levels. I remember during one tether fud incident I freaked out and sent $25k to my main Coinbase account to keep it safe. Little did I know that it would be the event that would fuck me a year and a half later as now they have grounds to send me a letter.

>> No.15038611

>>15038552
but, wouldn't you have used coinbase to cash out anyways?

>> No.15038639

>>15038552
This is why you find the maximum limit under the first tax amount you can have in a year and don't go past that
t. also keep myself to less than the £12,500 tax limit

>> No.15038689

>>15038611
I never planned on cashing out all at once. I started with $1400 on that account