[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 867 KB, 2560x1707, 160911-Yamato-Gringo-The-Dangerous-Life-of-John-McAfee-tease_zmtqjg.jpg [View same] [iqdb] [saucenao] [google]
6177403 No.6177403 [Reply] [Original]

explain the "withdrawing in January" tax trick plz

>> No.6177471

>>6177403

youre supposed to withdraw in december at a loss

the loss offsets any gains from previously in the year, and you only pay taxes on your net gain

then in january you buy back in (for cheaper hopefully)

>> No.6177540

>>6177471

Do wash sale regulations apply to crypto?

>> No.6177603
File: 520 KB, 1363x2048, IMG_20180105_120307.jpg [View same] [iqdb] [saucenao] [google]
6177603

>>6177540

>crypto
>regulations

>> No.6177677

Don't do this it makes mustard gas