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7296388 No.7296388 [Reply] [Original]

most americans trading cryptos have not been saving money for capital gains tax, which could be tens of thousands of dollars depending on how well you did.

with the crypto market crash, they won't have the funds to pay the taxes they owe. and with capital losses maxing out at only $3000, we could be hearing about a lot of americans who are deep in tax debt

>> No.7296450

>>7296388
>most americans
anon, i...

>> No.7296453

>>7296388
>implying any of us are fucking with taxes

>> No.7296503

>>7296453
oh yeah forgot to mention we'll also be hearing about a lot more americans going to jail

>> No.7296507

>>7296388
Not how it works but ok

>> No.7296604

>>7296388

>implying

Ok but what if I don't have identity listed on any exchanges except one (coinbase)? Then what? I did cash out some from Coinbase but it was the same amount I had already put in, meaning my taxes would be 0.

>> No.7296725

>>7296604
they can trace which addresses you sent the money through, which can reveal you have more than you reported. concealing how much crypto you own will be a federal crime once S.1241 passes

>> No.7297112
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7297112

>>7296388
>>7296503
>he thinks this fud will work
>he thinks the IRS imprisons tax offenses they can't even prove
>he's either a boomer or a boomer boot licker

kek kys