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/biz/ - Business & Finance

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19774861 No.19774861 [Reply] [Original]

>> No.19774874
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19774874

>>19774861

>> No.19774899

>>19774861
just realized recently this is how it works in canada too... any anons have some tips to cash out?

>> No.19774906
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19774906

say what

>> No.19774951

Had shower thoughts about this today. Hypothetically if someone just slowly invested into crypto since 2018, had some wins and losses...is it really a big deal? If someone has a year where they really fucking kill it couldn’t they just report their gains for that year and probably be ok? Reassure me anons :0

>> No.19775058
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19775058

>mfw when people don't realise this and tax authorities go through their trade logs to swoop up any profits.

>> No.19775091

>>19774951
hoping to the great allah that you're right fren cause this is what i plan on doing

>> No.19775113
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19775113

>crypto for years
>day trade like mad
>multiple exchanges
>didnt know this

>> No.19775137

just back report next year and put on your best “im so sowwy” face if they ask questions.

what’s the math on taxable events btw, how much % are people losing on their swings?

>> No.19775158

>>19774861
I see this same thread and the same responses to it at least once a week. What’s the point of these bot posts?

>> No.19775199
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19775199

>live in authoritarian capitalist regime
>Not hodling $ASSET is a taxable event
>Hodling $ASSET is also a taxable event

>> No.19775200
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19775200

>>19774861
oh say can you see

>> No.19775268

>>19775058

The point is if i cant even fucking trace what exchanges ive used and all my trades how tf are they gonna?? Its not that i dont want to...i just literally fucking cant...

>> No.19775374

>>19775268
You can export your trade logs to your pc on exchanges which they will probably request upon paying tax.

>> No.19775406

Who the hell keeps reposting this.
What's the point?

>> No.19775480

>>19775374
I’m aware of that but there’s situations that make this no longer possible, cryptopia rekt, old binance account had email i no longer have access to, etc...

FUCK TAXES