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/biz/ - Business & Finance

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27605247 No.27605247 [Reply] [Original]

>want to trade some of my ETH at the top for undervalued alt coins
>have to constantly worry over whether I'll have enough money to cover the capital gains tax

How is this not theft again?

>> No.27605422

>>27605247
It's bullshit dude. Use this link for capital gains tax calculating if you lived in the cucked USA.

https://smartasset.com/investing/capital-gains-tax-calculator

>> No.27605666

>>27605247
You’re supposed to set aside money for paying those capital gains taxes at the time you file. It’s not rocket science but it is indeed theft.

>> No.27605874

>>27605422
>there are state and even local capital gains taxes in some places

This can't be real

>> No.27607590

>>27605247
Bump

>> No.27608126
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27608126

>>27607590
Thank you fren

>> No.27608322

>>27605247
you only pay capital gains if you made a profit, retard

>> No.27608420

>>27605874
It's real. Get with an accountant to help deduct them.

>> No.27608459

>>27608322
Crypto to crypto transactions are taxed, retard.

>> No.27608497

>>27605247

its fucking dumb bc the preferable solution is to buy more vs sell and buy

>> No.27608928

In the US, there is no law stating we have to pay any taxes. People are lied to and threatened with violence, that's the tax system. Don't pay.

>> No.27609039

>>27605247
Should worry less about capital gains and more about gas prices.