Coinbase served 1099 tax forms to Americans

[Anonymous No.7192537]

Who else got one?

We're FUCKED aren't we...

[Anonymous No.7192580]

Don't click lads

[Anonymous No.7192581]

glad i never verified/gave my social

[Anonymous No.7193183]

Any other exchanges that do this?

[Anonymous No.7193354]

>>7192537
The nightmare never ends

[Anonymous No.7193365]

>>7192537
Jesus man

[Anonymous No.7193454]

>>7192537
That's pretty good of them.
Don't expect the chink exchanges to do the same.
>All those like asset trades
I'm sure the tax man will never find you.

[Anonymous No.7193471]

>>7192537
Who gives a shit, I never cashed out.

[Anonymous No.7193506]

>uses normiebase
>acts surprised when he gets hit with normie tax reporting requirements

coinbase is for playing your cards above the table, you pleb

hope you learned your lesson

[Anonymous No.7193514]

>>7192537
>cashing out to cuckbuxx

[Anonymous No.7193534]

how much did you withdraw, OP?

I didn't get an email will this pop up if I sign in?

[Anonymous No.7193562]

>>7192537
But I already filed and sent my taxes away two days ago? I already had them accepted, and I've paid them too. What now?

[Anonymous No.7193577]

>>7193183

Every US exchange is required to, by law.

[Anonymous No.7193619]

Remember the IRS expects taxes to be paid in cash. Hope everyone cashed out enough to pay taxes on their crypto trades last year when BTC was near $20k.

[Anonymous No.7193645]

>>7193534
i just signed in.. i'm unverified, cashed out my original investment ($3k), nothing showing/popping up.

[Anonymous No.7193677]

>>7193577
>using US exchanges
top cuck

[Anonymous No.7193688]

$20k+ in a year is where it is automatically sent to the IRS.....OP's post is just the courtesy notice

https://support.coinbase.com/customer/portal/articles/2721660

[Anonymous No.7193702]

>>7192537
>>7193619
>buying BTC on cuckbase
>paying taxes on crypto
i explained this in the other thread
you're supposed to buy on LBC and sell on LBC
stop intentionally giving (((them))) a paper trail to follow so they can steal 35% of your gains

[Anonymous No.7193724]

OP is fud.
Post is complete bullshit
Retards eating it up, go figure

[Anonymous No.7193748]

>>7193688
20k in profit or 20k in transactions? That's my only question

[Anonymous No.7193765]

Crypto has been one of the few things that made me thankful that I don't live in the US instead of my 3rd-world country in the Caribbean

Jesus Christ......they really try to take a cut out of EVERY damn dollar that you all make, don't they?

[Anonymous No.7193779]

>>7193702
LBC?

[Anonymous No.7193787]

the solution is to not use coinbase. i haven't seen anywhere else try to send me one of these yet.

[Anonymous No.7193818]

>>7193748
Transactions including withdrawals to private wallets. Only ones not affected are poorfags.

[Anonymous No.7193828]

>didn't get one

HAHAHAHAHAHAHAH you fucking idiots cashing out get what you deserve, HAHAHAHAHAHAHAHHAHAHAHAHAH

My tens of millions will NEVER get taxed :))))) Goodnight losers. Learn how to work with foreign investors to buy assets and property abroad if you ever want to make it.

[Anonymous No.7193844]

>>7193724
Its not bs, people are legit getting them. I think you either had to buy/sell a lot on gdax or just get big deposits to your bank account. I invested about 35 k last year but didn't withdraw more than 1k so didn't get shit

[Anonymous No.7193875]

>>7193765
Yes. Then they give it all away to Israel or to our army, which is basically an Israeli pawn.

[Anonymous No.7193887]

>>7193818
So let's say I bought 10k worth, and sold it for 12k, would this count as 22k?

[Anonymous No.7193896]

>>7193765
jews man. I'm also taxed heavily at my job for what, to pay niggers on the street collecting welfare while also buying cigarretes and beef jerky around the corner. Look, I realize that there's people in need, but when you notice the same people collecting checks and cashing it out on fucking loosies and drugs, you become really anti tax. Shit I was unemployed for three months and still never collected welfare benefits.

[Anonymous No.7193932]

>>7192537
>>7193354
They literally don't want us Millennial's getting ahead in life financial the way our great-grandfathers did.

Our financial freedom means we're no longer NEET tier slaves.

>coin jingling in the distance
>the word "goy" echoes in the back of your head

[Anonymous No.7193955]

>>7193765
Death and taxes
Though you really don't experience the burden of taxes until you're not poor. It's the middle class who have the support all the poor people

[Anonymous No.7193975]

Guys it’s simple we leave the US to a county with cheap citizenship massive brain drain.

Inb4 brainlets

[Anonymous No.7194059]

>>7193975
They won't let us leave, have you looked up the process of renouncing citizenship? It takes years.

[Anonymous No.7194062]

>>7193975
>/biz/ leaving would be brain drain

It would probably just make America great again

[Anonymous No.7194085]

>>7193975
Deposit 5k into a Paraguayan bank

I started a thread on /pol/ that ended up gaining a lot of traction a few months back.

Archived version of that thread
(PARAGUAY? MORE LIKE PARADISE!)
>https://yuki.la/pol/145237507

[Anonymous No.7194105]

what the fuck is it with america and its weird names for financial things?

an IOU
401k
1099k

[Anonymous No.7194114]

>>7194059
Fucking leave, why do you follow the rules. This country is going to shit, grow a pair

[Anonymous No.7194152]

Should have invested using GBTC!

[Anonymous No.7194158]

It's moments like this where I'm glad to be a britbong

Get fucked burgers

[Anonymous No.7194199]

>>7194105
The numbers come from the section of the big IRS book

[Anonymous No.7194231]

>>7194105
I OWE YOU= IOU

how fucking retared are you

and 401k and 1099k are called that because that is the page number of the tax code or something like that

[Anonymous No.7194259]

>>7194158

kek, you are next dipshit
you know your government better than I do, and you already know they are going to jump on board the crypto tax rape train

[Anonymous No.7194269]

>>7193896
This is part of the problem you stopid pol burgers actually think your taxes go to welfare and especially minorities no you fuckin moron. They take like 5 dollars a year from you for welfare and most of that goes to some white trash woman the multiple THOUSANDS they take a year goes to military bullshit that never gets used or Israel. If you faggots knew your enemy you could actually do something about it instead of crying about poor people on the net

[Anonymous No.7194397]

>>7193765
Schlomo always gets his cut. At least we aren't Europeans though where you pay an 80% tax on cars.

[Anonymous No.7194462]

So why did I not read and download the form. I initially day traded on gdax and it says 1.6M am I doomed? I only invested 15k and I have no idea what this meme form means

[Anonymous No.7194476]

hey faggots just pay your taxes on your FREE MONEY you mongs, jesus the greed

[Anonymous No.7194486]

>>7194269
You stupid faggot. I want that 5 dollars a year. When I see this shit everyday, them collecting not only federal but city welfare, which I'm taxed?!?! Fuck you and fuck them. Get a fucking a job. Those assholes actually look down on people who have jobs thinking their fucking slaves. Fuck em, let them starve, let them freeze, and let them die. I've fucking been around them way to long to even fucking care and to know. All you have to do is spend a day on 125 in Manhattan and head to Randalls Island to be like, fuck taxes.

[Anonymous No.7194512]

>>7192537
OP just do not click that link bro it's a Trojan horse

[Anonymous No.7194540]

>>7194486
>crying about less than 5 dollars gladly being raped for multiple thousands

Stopped reading there you're a pussy and you know it

[Anonymous No.7194564]

>>7194269

[Anonymous No.7194584]

>>7194476
i already pay $50k/year in federal taxes. i'll keep my crypto gains without any guilt.

[Anonymous No.7194603]

>>7193779
LocalBitCoins ya skrub

[Anonymous No.7194612]

how come I didn't get one?

I had 30k on GDAX last year and have withdrawn over 16k to my bank account

where does it show up?

[Anonymous No.7194633]

20k trades + 200 in a year. That's how. I got one too

[Anonymous No.7194652]

>>7194269
>retard spewing leftist falsehoods
Bulk of the budget goes to gibs, either for niggers or boomers.

[Anonymous No.7194655]

>>7194269
This desu. Bush started a war for Israel that put America TRILLIONS in debt and Obama gave something like 40 billion in "aid" to Israel.

Think about what all that money could do for our shitty infrastructure, or research grants for scientists, even free college for everyone costs only 50 billion (not that I support socialism just saying). It actually makes me rage so much how Jews cuck the shit out of us. I want to punch my wall right now, that's how fucking rustled I am.

[Anonymous No.7194689]

They can't get us all. If they start threatening you "accidentally" send all your crypto to the wrong address.

>>7194476
It was already taxed from out wageslave jobs, (((dipshit)))

[Anonymous No.7194721]

I don't fucking get this. It says $247,362.00... wtf does this even mean.

[Anonymous No.7194751]

So if you don't get any of these it means you don't have to report shit? I've made less than 1k in this whole crypto meme and I started in november, guess that's not enough to report?

[Anonymous No.7194757]

>ameritaxes

[Anonymous No.7194780]

>>7194269
fuck off nigger

[Anonymous No.7194784]

>>7194655
For the cost of the Iraq and Afghanistan wars the coalition could have an orbital space dock continually producing craft, a permanent moon base, and a small research camp on mars.

[Anonymous No.7194795]

I've put in more than 20k but I didn't get one.

I think it's cuz I never cashed out.

[Anonymous No.7194854]

>>7194689
>pay wagecuck taxes like everyone has to
>turn $1k into $20k crypto
>turn that $20k into cash = income
>pay taxes on income

if you don't make it to cash then i agree taxes are retarded on crypto

also never been called (((dipshit))) before does this mean i'm a jew now

[Anonymous No.7194857]

>>7194652
>>7194652

You really have to be an absolute moron
It's fucking 2018 and you don't know that 98% of your taxes is going to buying vacations and shit for politicians and military budgets that amount to noting. Lol moron spouting political parties like that isn't a fake game just to Jew you out of more money you imbecilic chimp. You think it's a coincidence that burger government spends more on military than the rest of the world combined and multiplied. This is why you people are doomed just fucking stupid

[Anonymous No.7194859]

>>7194540
You stopped reading when I said I don't want any tax. You're a nigger, go buy loosies off your of EBT you nigger.

[Anonymous No.7194865]

>>7194655

don t you burgers learn about your own militar-industrial complex?

us '' help '' with military funds only when you use then on those industries. Then you reap diplo points

[Anonymous No.7194930]

>>7192537


FAKE & GAY!

[Anonymous No.7194943]

>>7194476
This shit wasn't free. I put a lot of time into it.

[Anonymous No.7194962]

>>7194780
>>7194859
>tfw when these moronic chimps actually believe this

You really are the dumbest country on the planet kek

[Anonymous No.7195004]

>>7192537
>mfw never verified

[Anonymous No.7195012]

>>7194962
not an argument

[Anonymous No.7195084]

>>7194857
Entitlements are like 60% of the budget. Military is like 25%. Niggers and spics (welfare) and boomers (social security and medicaid) are unironically a bigger drain than the MIC.

[Anonymous No.7195088]

WHERE THE FUCK DO I FIND MINE?

is it supposed to pop up when you login? Email?? I don't see it

[Anonymous No.7195107]

So I don't get this. My number was $250k. The max I every had in coinbase was maybe $25k. Wtf does this mean, is it an error?

[Anonymous No.7195114]

>>7192537
lmao where is canada at WRT to exchanges

[Anonymous No.7195116]

>>7193932

This right here. Lucrative financial instruments are only for the globalist elites. The status quo must be maintained.

Human beings are literal batteries for them; your human energy produces both goods and services that they need to get rich from.

They are trying everything in the book to destroy cryptos.

[Anonymous No.7195162]

>>7194943
ok so it's a hobby that generated income, no different than making hemp bracelets - takes a lotta time, hope you make some cash - at some point gotta pay the piper mate

or do you wanna live in a society where "someone else" pays for all the infrastructure, public services, public education, fire and police etc etc ..?

[Anonymous No.7195176]

>>7192537
These idiots verified me, but spelled my first and last names wrong. Am I safe?

[Anonymous No.7195193]

>>7194857
>Muh current year
You're a walking meme. Military expenditures are only 16% of the budget, welfare including social security and Medicare is 59%.

[Anonymous No.7195215]

We need to start a movement where no one pays taxes for crypto. They can't prosecute us all.

[Anonymous No.7195225]

>>7195176
nah but you're a bad larp, and in need of attention

[Anonymous No.7195232]

>>7193645
It’s only people that did more than 20k

[Anonymous No.7195254]

>>7195107
I'll explain how it works if you tell me WHERE this shit popped up? Why don't I see mine

[Anonymous No.7195264]

>>7192537
Feels good not to be americuck
I once thought it would be cool to move there but now I have realized what an absolute cucked shithole it is

[Anonymous No.7195281]

>>7194269
>>7194962
>>7194857
>>7194540
Oh here we have a eurofag. You're one to talk about taxes you idiot. Go divert 10% 20% towards drug rehabilitation. Go give another 10%20% towards refugees. Go give another 10%20% towards EU ARMY. Go give another 10%-20% towards lazy stoners. Go give another 10-20% to state and federal funding towards large industry HAVING A BIT OF TROUBLE. Fuck off you cuck. Go to bed, so you can wake up and sell tomorrow when you wake up. Imbeciles. Literally, inbred imbeciles.

[Anonymous No.7195314]

What's the best Non-US exchange that supports fiat withdraws?

[Anonymous No.7195473]

>>7195225
I swear on my life, that they spelled my legal name wrong. My name is Ben and they put Den and cutoff the first letter of my last name. I'm not larping.

I only did the verification by showing my license, through my webcam.

A
Well they track me down?

[Anonymous No.7195514]

>>7195473
Sorry for the typos.

[Anonymous No.7195516]

>>7195281
>>7195281
More chimp feces throwing from stupid burger autists

You imbeciles can twist the data all you want the fact remains 98% of your taxes goes directly to a. Military costs b. Boomers aka MILITARY COSTS c. Cock sucking Israel

Enjoy your slavery morons the REAL Americans died over fucking tea tax you pussy just sperg out on the net and take the tax mans cock

[Anonymous No.7195574]

>>7195516
>boomers are part of military costs, not welfare
Retard confirmed.

[Anonymous No.7195605]

Coinbase doesn't have my address.

[Anonymous No.7195639]

So can I just fill out Form 8949 like I did last year? Whatever coinbase gave the gubmint is an incomplete picture.

>>7195314
btc-e

[Anonymous No.7195651]

>>7192537
lol fuck coinbase

[Anonymous No.7195660]

>>7195574
>>7195574
>another retarded burger that doesn't know his countries history or governments function

[Anonymous No.7195690]

YOU SAID WE WOULD ESCAPE THE FED
WHY DID YOU LIE TO MEEEEE?

[Anonymous No.7195705]

>>7192537
I should be fine if they only sent 1099

[Anonymous No.7195706]

>>7195516
>state of biz
Just go buy your newports, I sense a nicotine deficiency.

[Anonymous No.7195716]

i didnt get one
what gives

[Anonymous No.7195738]

>>7195639
>btc-e

That is still operating.

[Anonymous No.7195772]

>>7195660
Get back to me when you stop calling boomer welfare a military expenditure brainlet.

[Anonymous No.7195942]

>>7195516
you forgot your arguments again

[Anonymous No.7196028]

>>7193932
are you suggesting that your great grandfather did not pay taxes?

are you fucking stupid

[Anonymous No.7196030]

>cashed out on cuckbase
>bought back in
>monies are all evaporating

[Anonymous No.7196284]

>>7192537
>Oh, say does that star-spangled banner yet wave
>O'er the land of the fRRREEEEEEEEEEEEEEEEEEEEEEEEEEE

[Anonymous No.7196315]

>>7196030
lmao

[Anonymous No.7196744]

So this only contains my GDAX trades?
Coinbase is such a fucking shitty company, not sure if it's a mistake or their just not clear about whether it's coinbase or gdax related.

[Anonymous No.7197057]

>>7195264

Shut the fuck up. Yuropoor commie governments will do the same thing in your beloved Jewropean Caliphate soon. i'll see how smug you'll be when Merkel will take away 90% of your gains to pay for Abdul's welfare.

[Anonymous No.7197120]

Anyone else do taxes yet? I have a bunch of shitcoins I traded on various exchanges but the only thing I used to cash in/out was Coinbase so that's the only form I need, right?

[Anonymous No.7197127]

>>7195639
>btc-e

They have insane fees though, aren't they?

[Anonymous No.7197210]

I was going to open a coinbase account so I could cash in all the BTC I earned from trading last year. Good thing I didn't.

[Anonymous No.7197290]

Was that an email or did you have to log in to coinbase to see that?

[Anonymous No.7197383]

>>7192537
I have 8 dollars worth of Bitcoin and they didn't give me a 1099, how would I report the 8 dollars on my taxes

[Anonymous No.7197429]

>>7197057
Kek
I was talking about how fucking cucked you are in general in all areas of life except muh gun ownership
>have to report all your accounts over 10k and everything you own
>get taxed based on citizenship even if you have never set foot in the US in your life
Just lmao

[Anonymous No.7197585]

>>7195738
>>7197127
>btc-e
They shutdown after the US Feds got to them. I'm just fucking around suggesting them. No exchange is going to do business with US customers without following our laws.

[Anonymous No.7197604]

>>7193887
No, my accountant just said to tax capital gains. Clearly this is setting the IRS up for a shit storm of head aches. If you buy 10k of bitcoin and you cash out 12k, you don't get taxed on the entire 12k (if coinbase or the IRS tells you different, they're wrong). Because the 30% of that (depending on your tax bracket) would mean that's a $3600 tax... meaning you're now only having 6,400 of your original 10k.

Don't be dumb, get a jew lawyer that I have. Show how much you deposited via coinbase, and how much you withdrew back to USD. If you deposit 10k and cash out 12k, you pay only on the $2,000.

[Anonymous No.7197629]

We're done

[Anonymous No.7197660]

>>7196028
I'm suggesting that if your family became rich in 1920's or 1930's America, and is still rich to this day - they did something illegal - at some point - to gain those riches.

All those big companies that run America today?

Are you fucking stupid?

[Anonymous No.7197663]

>>7194269
You're right that we spend a lot on military, but you underestimate the value of the investment.

[Anonymous No.7197664]

>>7194780
I'm pissed

[Anonymous No.7197669]

>>7197383
>can't even afford a single transfer
How did you end up with that small an amount of BTC?

[Anonymous No.7197686]

>>7194462
you should make plans to leave this country ASAP anon.

[Anonymous No.7197756]

>>7197629
>government contractors are competent
kek, they'll barely catch anything.

[Anonymous No.7197816]

Yeah, well this goes far beyond the petty foibles of our lives.

[Anonymous No.7197892]

>>7197669
I bought it as a joke when .001 was like 20 dollars

[Anonymous No.7198006]

>>7193818
If I moved some to my wallet when it was worth $40000, but now is worth $200000, does it count as $40K or $200K?

[Anonymous No.7198092]

>do a lot of day trading with around $3k
>took out about 1.2k this year
>still had 6k in wallet
>now it's 1.9k
>probably can't pay off crypto taxes with this
>NEET

[Anonymous No.7198186]

>>7193562
file an amendment.

[Anonymous No.7198255]

You can file losses too

[Anonymous No.7198293]

>>7197816
son please we're old we need that

[Anonymous No.7198372]

>>7192537
>decide to get into crypto
>decide coinbase would be the easiest option
>give them tons of identifying info
>buy coins with a credit card because I don't want to wait a week
>purchase is now considered a cash advance which incurs flat fees and interest EVERY DAY on my credit card bill and Coinbase neglects to tell people this
>fees out the ass still on their side
>extra fees to send shit away or sell
>everything I do with said crypto is easily trackable
>Coinbase gives all this shit to the IRS
>IRS wants their sizable cut too and will probably slap people who try to avoid their unclear new rules

What a fucking joke, the jews already won.

[Anonymous No.7198388]

>>7193562
Did you file them correctly?
I don't think you need to include this form on your tax return. It doesn't tell the IRS anything about how much you owe, just the total amount you sold.

[Anonymous No.7198600]

>>7198372
>coin jingling sounds are heard in the distance
>the word "goy" echoes in the back of your mind

[Anonymous No.7198701]

>>7197585
>They shutdown after the US Feds got to them

no, they are still operational.
They are at wex.nz now

[Anonymous No.7198739]

>>7198372
The Jews didn't win, you were just dumb enough to use Coinbase.

Fucking retard.

[Anonymous No.7198765]

>>7193471
>Still believes the "it's only when I cash out" meme
I have bad news for you...

[Anonymous No.7198779]

I didn't withdraw anything from Coinbase, so I imagine I won't get shit.

[Shamelessly !DefeCaTiNg No.7199027]

>>7194486
Stay salty wagecuck.

[Anonymous No.7199126]

>Retrieve Your 1099-K