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

/biz/ - Business & Finance

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27172340 No.27172340 [Reply] [Original]

I just did some math, I'm probably going to have to fucking pay $30,000 CAD out of pocket for crypto to crypto transactions and yield farming. All because I put my link stack in liquidity pools.

I shouldn't have even yield farmed because that's basically my entire tax bill. I'm gonna have to sell around 1000 of the 1400 link I gained to cover it (at current prices).

>> No.27172490

>>27172340
Quit being so selfish anon! Justin needs your hard earned leaf bucks to import more migrants

>> No.27172859
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27172859

>>27172490
Fuck him.

Now I can't even go on a vacation to my parents place in the States to cope. He has new rules today that upon returning to Canada we have to pay for our own $2000 hotel stay for 3 days until we test negative for covid, then quarantine again for two weeks at home.

I understand now why /pol/ says its are god given duty to avoid taxes.

>> No.27173422
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27173422

Any leafs know if yields from farming are considered self-employment income or are they dividends?

>> No.27173989

>>27173422
Also, if I use my PC for crypto bullshit, couldn't I literally upgrade my PC and deduct taxes on the hardware if I use it for crypto?