Tax Season is just around the corner!

[Anonymous No.25999303]

Post your cost basis, unrealized gains, realized gains, and income from the year. Staking really turned my portfolio around

>Inb4 "I don't pay taxes"

[Anonymous No.25999324]

Fuck off tax man. Not gonna data mine me.

[Anonymous No.25999423]

>>25999324
>Implying I give a shit about your data
I just scoured through 600 manual crypto transactions I'm just posting here to reveal in the sweet sweet dopamine of a job well done months in advance

[Anonymous No.25999457]

>>25999423
Implying you can use tsundere tactics to get my data.
>Whatever Anon kun, it's not like I wanted your data. Baka!

[Anonymous No.25999476]

>>25999303
Serious question why would anyone in usa pay after what just happened with elections in 2020?

[Anonymous No.25999502]

>>25999303
I lost my crypto wallets in a tragic boating accident

[Anonymous No.25999517]

>>25999303
There is no Us government anymore retard

[Anonymous No.25999533]

>>25999476
they will throw you in prison to be raped to death by niggers if you don't

[Anonymous No.25999536]

>>25999476
I considered this but I'm not fucking around with the IRS they have ruined lives in the past and I'm sure they're more than happy to fuck mine up.

Planning on moving to another country in a year or two but until then gotta pay the tax man

>>25999457
This is the gayest thing I've ever read and you're retarded

[Anonymous No.25999546]

my dog ate my private keys

[Anonymous No.25999608]

>>25999502
>>25999546
Good luck ever using your crypto for literally anything. I'd rather have $1m and actually be able to use it than $1.25 and constantly be worried about washing my money that I didn't even acquire illegally.

>>25999517
Except there is tho, leave your echo chamber of Nazis there's a whole world out there

[Anonymous No.25999670]

>>25999533
They are already going to throw dissidents into “re-education camps”what’s the difference?
>>25999536
I would plan on cashing out soon then before they bump up the tax rate to 40%+ not to mention whatever they are going to charge on top of that when you try to exit

[Anonymous No.25999687]

>>25999476
Enjoy gitmo retard. Death and taxes are all that are certain in this clown world.

[Anonymous No.25999738]

>>25999536
Side note. Unless your renounce your citizenship, you will still owe taxes to the IRS. Yes it's fucked up.

[Anonymous No.25999751]

>>25999670
>before they bump up the tax rate to 40%
If that actually goes through, it wouldn't take apply until the 2022 tax year (ie, the taxes you file in 2023).
Anything you make this year would be fine.

[Anonymous No.25999752]

>>25999670
Long term capital gains isn't getting bumped is it? I thought just short term. I need another year for my entire portfolio to be long term gains

[Anonymous No.25999792]

How are you meant to convert crypto back into real money without getting fucked by the taxman?
I'm not giving the ATO half my shit

[Anonymous No.25999816]

>>25999738
Oh great, I love being stolen from by the IRS and not being able to escape being stolen from. Fucking ridiculous.

[Anonymous No.25999826]

>>25999608
It’s your money, why should you have to prove anything to anyone? Didn’t you already have to pay tax on it before you took on a ton of risk to gamble on Internet money? You had zero protection and the govt even blocked you from participating in some of the highest potential offerings. Why do they deserve a cut now? All your tax payments don’t go towards programs they just get obliterated to pay debts that will never be paid back anyway. The programs that are supposedly covered by tax are paid with bonds that the fed buys by printing money from nowhere and charging interest on it to banks. This means there will never be enough money in the world to pay it back in full.

[Anonymous No.25999827]

I didn't sell or trade, only bought no taxies. :)

[Anonymous No.25999875]

>>25999752
They will get rid of long term and replace the whole scheme with a high rate once you break a certain threshold. Of course that threshold will be far below the level of actually making it but it will be justified as “taxing the rich” (kek!)

[Anonymous No.25999874]

I long term hold and stay below the personal allowance for capital gains. What site is that, though? Because if there's a pump in the next few months I will need to declare because I want to not work as much.

[Anonymous No.25999905]

>>25999792
A year and 1 day and the rate drops to 10%. Otherwise it is taxed as regular income subject to your marginal rate. So if you made no money and cash out 10k in crypto it's 0 tax. If you make a million dollars and make 10k in crypto it's like 28%.

[Anonymous No.25999973]

b-bros am I supposed to report the UNI airdrop?

[Anonymous No.25999976]

We need tax breaks not moar taxems
Especially after this shit they put us through

[Anonymous No.26000008]

>>25999738
Sure, but realistically, what are they gonna do if I'm already in a new country?

[Anonymous No.26000020]

what's the over/under on the IRS paying a shill farm/consulting agency to make threads like this one?

[Anonymous No.26000033]

>>25999973
If you got it for free it's infinite tax.

[Anonymous No.26000042]

>>25999973
Yes and your taxed on the price at the point you received the coin

[Anonymous No.26000048]

>>26000008
Withhold your social security in old age or arrest you the moment you come back to the country.

[Anonymous No.26000056]

>>25999827
is this true though? you don't owe taxes until you realize your gains?

[Anonymous No.26000066]

>>26000020
It glows every time 100%

[Anonymous No.26000074]

>>25999533
And what if you just kill the people coming to throw you in prison? Bet you didn't think about that one did you government, looks like you've been outplayed.

[Anonymous No.26000102]

>>26000056
For now, until commies begin taxing unrealized gains. Although that’s only if they know it exists.

[Anonymous No.26000128]

>>26000033
>>26000066
c-checked?

[Anonymous No.26000146]

>>26000074
spoiler alert: they never stop coming

[Anonymous No.26000148]

>>26000008
Ask the new country to ship you back, which they will politely do because they don't give a fuck about you and DO give a fuck about their relationship with the US. Moron.

[Anonymous No.26000169]

>>25999976
Gotta "tax the rich" even if it means taxing middle class autistic getting to the level of wealth boomers had at our age while the actual rich that wrote the laws escape taxation through tax havens.
My wish is that the Q niggers stop their stupid larp and actually kick every politician from the Minecraft server.

[Anonymous No.26000227]

But what's this talk about raising capital gains tax?

[Anonymous No.26000357]

The IRS will just garnish your wages if you ignore them plus they are getting more money and that means more latishas that hate you and everything you stand for.
You will be forced to pay their salary as they overlook their own kind and rape yours.

[Anonymous No.26000377]

>irs datamining the most successful picture board on the internet
You guys are retards

[Anonymous No.26000409]

>>26000146
Good.

[Anonymous No.26000504]

>>25999303
Lmao paying taxes ever.
Show nose moshe.

[Anonymous No.26000528]

crypto newfag here, cashing out is a fucking pain, i have 500 liquid and 7,000 in my coin wallet
in terms of money i spent in that wallet id say about 900
what exactly do i do, i only ever cashed out in stocks last year

[Anonymous No.26000536]

>>26000357
Inflation is already garnishing the shit out of your wages. No one can afford to start a real family so they buy pets nor can they buy a house without selling 30+ years of their future labor. Frankly there is not much left to lose by having your wages taken you are already choosing to live in indentured servitude.

[Anonymous No.26000588]

>>25999303
Don’t care not selling

[Anonymous No.26000599]

>>25999303
Literally too much work to respond to this. No thanks.

[Anonymous No.26000624]

>>25999303
Legit lol at paying taxes on crypto but. Just fucking hodl.