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Anonymous Tue Jan 19 09:33:10 2021 No.26203751 [Reply] [Original]

Anyone have experience filing taxes on crypto before?

My gains are well into the 5 figures, so exchanges will report me to the IRS automatically. Not filing isn’t an option. Half my gains are long-term investments, which are taxed at 15%, but half were flipped from LINK to ETH 8 months ago and will be taxed at 35%. The idea of paying a third of my portfolio makes my physically ill.

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