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50292668 No.50292668 [Reply] [Original]

Last year I had $400k in crypto; this month, after some bad investments, I have only $300k left. So, should I pay taxes on 400k or 300k?

>> No.50292832

Bumping for similar situation

>> No.50292863

>>50292668
don't pay taxes. It's just going to go to trannies.

>> No.50292872

I dunno just call the IRS man

>> No.50293032

>>50292668
Early users can enjoy AEX staking rewards of up to 80% APY. The look is flexible and the yield lowers as more people join the pool. Get in early, and thank me later

>> No.50293117

>>50292872
>I dunno just call the IRS man
Not necessary, we're here.

>> No.50293155

>>50292668
You take the price you sold at and subtract the price you bought at. You only pay tax on positions you have closed.