If the government going to tax me on my internet money gains, shouldn't I get paid negative tax if my worthless dog tokens do go to zero? Like wtf, I am the one taking all the risk earning tax yield for the government.

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Anonymous Fri Jun 24 14:43:24 2022 No.49948393 [Reply] [Original]

If the government going to tax me on my internet money gains, shouldn't I get paid negative tax if my worthless dog tokens do go to zero? Like wtf, I am the one taking all the risk earning tax yield for the government.

Anonymous Fri Jun 24 16:08:16 2022 No.49949886

>>49948393

It's net gains. Only taxed on the total profit. If you have a net loss you can claim $3,000 per year against your other income.

Losses are uncapped if it's a business though. Remember, corporations are people, but people aren't corporations.

>>	Anonymous Fri Jun 24 16:12:04 2022 No.49949963 >>49948393 if you sell your shitcoins at a 90% loss, you do get to deduct those losses agaisnt your gains dumbass

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