Crypto Taxes

[Anonymous No.25576103]

What if I just not report my metamask wallet for this years taxes, there is no way the IRS can prove that my wallet is mine right? Even if I have transactions between say a coinbase account and my metamask that doesn't prove anything right, it could easily be someone elses account that I sent something too and vice versa. I made so many crypto to crypto trades this past year do I really have to pay schlomo for this shit, fuck I hate this country.

[Anonymous No.25576617]

>>25576103
how do you expect to offramp it back into fiat dumb nigger
you will have to report every year's worth of tx eventually whether you like it or not
now be a good goy and make a spreadsheet for all your trades instead of paying some jew to do your accounting later

[Anonymous No.25576788]

>>25576617
Stop pretending the IRS is some invincible force. If you’re too dumb to figure out how to cash out via crypto ATM’s with a fake name or buy Gold with your BTC you deserve to pay the peasant taxes. I mean yea I’d honestly pay enough in taxes so you can have real world money to make moves like buy properties and stonks instead of being Nigger rich and only being able to buy things in cash like a drug dealer, but you could easily cash out a few hundred thousand without the ZOG knowing. Honestly at this point our government let Niggers and Commies burn our country all summer we should start psy ops to get normies to start assaulting IRS employees this year so none of us have to pay crypto taxes cuz Covid and taxes are racist. Then 2022 we can go back to paying taxes after we made huge gains.

[Anonymous No.25576869]

>>25576617
Id still report my fiat off ramp, coinbase or whatever, I just don't want to report my metamask where I make frequent trades because i refuse to do that kike shit, I'm ok with getting taxed on capital gains but crypto to crypto? Fuck no.

[Anonymous No.25577040]

>>25576788
You seem to know what your talking about. Can you redpill me on buying gold with btc? I know there are bullion dealers in asia that say they will send you the coins but customs would still ask questions if you bought a substantial amount wouldnt they?!

[Anonymous No.25577837]

My trades are a total fuckup, some money went in in fiat, moved into BTC, some was spent, some was mined, some was staked, other was rugpulled, mooned and shitted

I had about 6 wallets and 1800 trades on 4 exchanges, one of which is dead
What the fuck should I do now

Guess if I cashout I'll get swatted then taxraped or both together

[Anonymous No.25578206]

I will probably have to pay some taxes because I sold on a KYC exchange (even hough I bought back in). I assume this is how it works.

Technically you are responsible for reporting your crypto-to-crypto tx's but metamask isn't KYC, right?

[Anonymous No.25578852]

This why I have two passports.

[Anonymous No.25578861]

>>25576103
>asking for tax evasion advice online
I'm sure there are plenty of people that get away with that, but they aren't parading it in the open. IRS has already said they will be cracking down on crypto this year. Just because they won't catch everybody, doesn't mean they won't make examples out of the ones that they do catch. Call me a pussy or whatever, but I would suck it up and declare it.

[Anonymous No.25578921]

The irs doesn’t need to look at your uniswap transactions. There’s just going to be like ummm where did you make that money? So yeah you gotta tax it

[Anonymous No.25579114]

>>25578921
So I basically have to give up my anonymous MetaMask wallet, how much is crypto to crypto even taxed?

[Anonymous No.25579148]

>>25579114
Short term cap gains tax

[Anonymous No.25579228]

Did you cash out more than 10,000? If not don’t worry about shit if so just don’t lie give them SOMETHING the irs has to much shit to deal with especially w covid to worry about shitcoin trading, for now at least

[Anonymous No.25579245]

>>25579148
So if I'm a neet making under 40k a year and pull out 39k, I'd pay the 10% of single filer's tax and 0% on short term/long term cap gains?

[Anonymous No.25579262]

>>25579114
>>25579148
Or long term if it wasn’t traded for at least a year.

[Anonymous No.25579311]

>>25579228
Pretty much this, if you can explain your money and they get their cut it’s very low risk of audit

[Anonymous No.25579383]

>>25576103
the IRS is hiding under your bed.

[Anonymous No.25579415]

>>25579228
Terrible advice. The IRS will make time for you in the same way a judge will make time for you. The year you cash out, declare it, pay the ransom, buy your house or hookers/blow and be done with it.

[Anonymous No.25579417]

It's pretty easy to avoid paying taxes even if you use coinbase or any other KYC to buy crypto. Just buy from coinbase then send to a metamask wallet then send to a crypto casino and play poker against another account to transfer the crypto to an anonymous wallet. Just make sure that new wallet doesn't touch shit and use monero when moving the money to an exchange

[Anonymous No.25579422]

>>25577040
Some mints accept crypto as payment. I prefer jmbullion. They will ship to any address that you give them. Order by tor browser and throw away profile, or just use a VPN if you're lazy. Use a dark wallet for the purchase. In other words, order via BTC or ETH from a non-KYC account that has been washed through XMR. If you want to be really anonymous, have it sent to a post office box that you have set up with cash payments only.
I have not done all of this myself; I ship to my house and use BTC and ETH from compromised accounts (coinbase pro for BTC, and metamask that has been connected to that account for ETH). However, the theory is sound. I will be paying taxes this year on the necessary transactions and the IRS is not an organization I want to mess with. I will be above board this year on my taxes.
When atomic swaps come out for XMR in Q4, this will be my preferred cash-out strategy. If any mints accept payment in XMR next year, I will be using them. For now, you can use xmr.to to buy gold: XMR -> BTC -> gold.
Don't buy from asia or anything chinese, it will be a scam. You will get fake gold and you will get fake silver.

[Anonymous No.25579477]

>>25576103
I seriously wonder about the clusterfuck that the IRS will have to deal with this year. The economy is kill, and it was the government that nuked it with the lockdowns. Businesses are going bankrupt left and right, and the ones that managed to survive the first lockdown are now getting hit with the second. Millions of people moved out of the major cities because of the rioting and looting (I think NYC over 500,000 alone), and tens of millions of people are on the verge of getting evicted from their apartments or getting their houses repossessed because of underwater mortgages. It is a complete and utter clusterfuck.

[Anonymous No.25579500]

>>25577837
You need a jew with extra strength green eye shades.

[Anonymous No.25579782]

So looks like "active" stock traders can get deductions and lower rates, but good records are the key.

Needa check with my tax advisor.

[Anonymous No.25580069]

>>25579114
just give irs the juicy 30% and you are kosher

[Anonymous No.25580527]

>>25580069
Unless you are also in CA, NJ, NY...