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/biz/ - Business & Finance

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57144135 No.57144135 [Reply] [Original]

You're not ACTUALLY going to report your capital gains and losses on your shitcoin trades, are you?

>> No.57144142

>>57144135
I have to because I have been targeted by the Archons and they will take any chance to take me down.

>> No.57144327

>>57144135
I haven't traded in years, so no.

>> No.57144593

>>57144135
I dont have to until i cash out. But i'm never cashing out anyway.

>> No.57144603

>>57144135
Everyone acts like this is more complicated than it needs to be.
On the tax forms you just have to report your TOTAL gains and losses. If you’re dealing with exchanges that have been shutdown then just make an estimate of your gains. Your legal obligation is just to do your best.

>> No.57144627

>>57144603
Fr? Wow that’s easy

>> No.57144778

>>57144135
playing stupid games gets stupid rewards

>> No.57145141
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57145141

>>57144603
> legal obligation

I'll just plead ignorance later when i cash out. I'm not giving Justin trudeau 30 percent of my investment capital.

>> No.57145147

>he sold

>> No.57145364

>>57144593
this

>> No.57145530

>>57145147
>he swapped
for mericans. This is why I hold everything for a year. It's awful. People need to be reporting their taxes on their World of Warcraft trades too if they're going to do that.

>> No.57146993

>>57145141
>Canada
You have a moral obligation to pay as little in tax as humanly possible.

>> No.57147027

>>57144135
i unironically am, i like to be able to use my money in real life and im not going to go live in a third world shithole and drop off the map so theres no other option

>> No.57147202

>>57144135
@FBI

>> No.57147571

>>57144135
I have never paid taxes and I never will

>> No.57147711

Only if I don't want to fuck myself over.
Here you are taxed on your profits.
If I have no idea what I bought for and not able to now get that information then I don't know how much of what I am cashing out is profit.
Keep seeing people say it's easy and just a % of whatever you cash out, it's not and you can tell on a small minority on here have ever cashed out properly.

>> No.57147730

Where I live you are not taxed on capital gains on shares are crypto so doesn’t matter (unless you make it your job)

>> No.57147768

>>57144135
Of course, Anon. I'm using Coinbase so the authorities know exactly what I'm doing anyway. It's just asking to get raped if I don't pay them.

>>57145141
Pleading ignorance will get you buttfucked extra hard.

>>57147027
Based. This guy gets it.

>> No.57147968

>>57147027
>im not going to go live in a third world shithole and drop off the map
Sucks to be you i guess. Go ahead and pay your taxes chump

>> No.57147981
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57147981

>>57144135
i dont know how

>> No.57148005

>>57144135
Losses? Absolutely. I like to throw a few eth into obvious rugpulled so I can get it back on my return. It makes shit coin gambling literally risk free.

>> No.57148305

>>57147730
It’s Belgium btw

>> No.57148549

>>57144593
This and based

>> No.57148565

>>57147571
Sure big guy.

>> No.57148574

>>57144135
no I'm not, never have and never will! fuck the fucking taxman, his wife and kids!

>> No.57148943

>>57148574
You can't say that about an honest hard-working taxman! He just does his jerb.