Who here paying taxes because they know LINK is going to do well?

[Anonymous No.8400398]

I'm filing my taxes on crypto even though I have under $5000 in it at the moment. Why? Because the IRS won't care about me now, but when LINK goes to the moon and I cash out they will. I am 95% certain that LINK is going to reach atleast $50. When that happens and the IRS asks questions about where I got the money to buy a house, I can with confidence know that I am not going to get boned in the ass by big dick IRS because I did my due diligence as an American citizen.

>muh taxation is theft
>muh cuck argument
>muh libertarian ideals

I agree with much of what is said here about taxes, but that doesn't change the fact that our government WILL come knocking when it smells the hot crypto gainz coming out of the oven.

[Anonymous No.8400442]

Im gonna laugh so hard when the IRS has to save face from 90% of people not paying taxes and has no way pf going after them so they make an example out of the idiots dumb enough to file.

[Anonymous No.8400466]

>>8400442
So only pay taxes when cashing out?

[Anonymous No.8400583]

>>8400466
>>8400442
Enjoy getting railed in the ass when you try to cash out and pay your "cash out" gains. They're going to need proof of how you made that money, and unfortunately its up to you to do that work not them. The amount of juvenile idiots on here who really think the IRS is just going to give up on finding anyone who made it and didn't pay is astounding

[Anonymous No.8400598]

>>8400583
I only have a loss of 23 dollars for 2017, should I still file?

[Anonymous No.8400621]

>>8400583
it's on the chain of blocks you fucking mong. they'll be able to see when you transferred link to your wallet just as easily as when you bought btc and sent it to your wallet on binance. pretty simple to prove when you bought link and how much it cost at the time.

[Anonymous No.8400643]

>>8400583
Not american here, I don't need to pay anything as long as I don't convert shit into fiat. I don't trade crypto to crypto. I just hold

[Anonymous No.8400681]

>>8400643
When you first bought LINK with BTC/ETH that counts as a taxable trade though doesn't it?

[Anonymous No.8400709]

>>8400621
I'm in agreement with you, its very simple and would not be that difficult for the IRS to track down people evading taxes. Which is why I'm going to file because I foresee myself making money in the future and do not want a good portion of that to go to battling the IRS. I think the current laws around crypto are retarded but if they eventually get better it won't be retroactive and taxes for this year would need to be calculated based on the law at the time.

>>8400598
idk man I'm not a professional, just someone who wants my money to go to me and not to IRS penalties.

[Anonymous No.8400734]

>>8400681
Yes this is a taxable event, but your only taxed on "gains/losses" realized.

[Anonymous No.8400740]

>>8400709
Good point, I'll probably file just for the peace of mind.

[Anonymous No.8400752]

>>8400734
What do you use to calculate your crypto taxes?

[Anonymous No.8400798]

>>8400752
math, just download your trade history from where you've traded and do the math. I only have like 200 trades though. If you have thousands it might be worth using a service

[Anonymous No.8401029]

>>8400398

[Anonymous No.8401086]

dummies, once you make it, get Chilean dual citizenship, hire a trust lawyer, and liquidate offshore. duh.

[Anonymous No.8401140]

>>8400398
MAKE SURE YOUR MIND AND BODY IS CLEAR OF ANY NEGATIVE ENERGY AND REPEAT AFTER ME

SERGEY WILL MAKE US RICH

SERGEY WILL MAKE US FAMOUS

SERGEY WILL MAKE OUR DREAMS COME TRUE

LINK

LAMBOS

HOT BITCHES

HOT TUBS

LINK

ALL YOU HAVE TO DO IS BELIEVE IN LINK AND SPREAD THE MEME MAGIC

VISUALIZE THE SUCCESS OF LINK

VISUALIZE THE LAMBOS

VISUALIZE YOUR DREAMS COMING TRUE

VISUALIZE 1000

WE CAN ONLY DO THIS TOGETHER WITH THE POWER OF MEME MAGIC

[Anonymous No.8401143]

It's so fucking cozy that my Nordic socialist hell country doesn't tax crypto to crypto trades (even to tether) nor unrealized gains and there's no capital tax

[Anonymous No.8401528]

>>8401143
lucky bastards

[Anonymous No.8401584]

>>8401528
>socialist
The ying and yang

[Anonymous No.8401859]

>>8401584
kek

[Anonymous No.8401969]

So when they retroactively go back and find that I owed $3 in taxes last year and now I have 10 million in 2021, how big will the fine be?

[Anonymous No.8401992]

>>8400398
+ Institutionalised Intellectual disability and escapees
- Psychosis in Chief: Patient Sergey Nazarov
- Bipolar shits itself and giggles at farts: 500001+ LINK
- Drools and wears adult diaper: 250001-500000 LINK
- Sticks finger in bum and licks it: 175001-250000 LINK
- Giggles while chasing invisible friends: 125001-175000 LINK
- Feeds using straw and eats crayons: 75001-125000 LINK
- Rubs faeces on body: 50001-75000 LINK
- Attends special needs school: 35001-50000 LINK
- Work placement in wallmarts disability scheme: 25001-35000 LINK
- Cannot do basic math: 20001-25000 LINK
- Has never read a book cover to cover: 15001-20000 LINK
X<><><>X<><><>X
+ Care in the community
- Masturbates in public and wears safety helmet: 10001-15000 LINK
- Photo sent to local schools with file: 9001-10000 LINK
- Fired from McDonalds: 7501-9000 LINK
- Hindu: 5001-7500 LINK
- Of African descent: 3501-5000 LINK
- Never graduated highschool: 1501-3500 LINK
X<><><>X<><><>X
+ Appears normal but
- Never held stable job: 501-1500 LINK
- Drug addict: 1-500 LINK

[Anonymous No.8402031]

>>8401969
3 x how many times your money multiplied itself

[Anonymous No.8402180]

>>8401969
everything you own plus life in prison

[Anonymous No.8402213]

>>8402031
Don’t warn him!

[Anonymous No.8402230]

>>8401992
Masturbate in public with a helmet at your service

[Anonymous No.8402299]

All these "Im not worried :)" posts are so fucking beta male self-shitting in the corner sweating sleepless zero life NEET shit.

[Anonymous No.8402300]

>>>/b/762963578

[Anonymous No.8402316]

>>8402180
>>8402031
I'll just fake my own death and backpack through Asia fucking whores and eating big macs, just like my hero :)

[Anonymous No.8402581]

>>8402299
checked