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Congrats on finishing your Taxes AMA Anonymous Thu Apr 12 20:31:30 2018 No.8881990 [Reply] [Original]

Here are my stats:

20,940 taxable events
13 Exchanges
4 Forks
3 airdrops
39 wallets

Between the first and 5th compiling of short term crypto gains I reduced my gains by 58k and my taxes by 20k.

Total gain on the year a paltry 33% because shitty trading

>>	Anonymous Thu Apr 12 20:32:47 2018 No.8882009 >>8881990 i just held eth for a year, up 15x and have to pay 0 taxes because i haven't sold

>>	Anonymous Thu Apr 12 20:35:19 2018 No.8882051 >>8881990 If you want to find out what happens to your tax money, look up the 'Grace Commission'. Its is not what you think! Freedom isn't free, enjoy all that freedom you get for living in the freest country in the world!

>>	Anonymous Thu Apr 12 20:39:57 2018 No.8882131 >>8882009 lol. do you know how much more you would have made if you sold just twice? sell last june and sell in january. literally a difference of 6months

>>	Anonymous Thu Apr 12 20:43:10 2018 No.8882198 >>8882051 GREAT I love finding out more about the freedumbs my taxes pay for including a Lottery for 50,000 lucky foreigners and their families every single year to win free American citizenship

>>	Anonymous Thu Apr 12 21:42:55 2018 No.8883094 >>8882131 Lol do you know how much you would make if you bought every bottom and sold every top at 100x leverage? Hindsight is 20/20 dood

>>	Anonymous Thu Apr 12 21:58:52 2018 No.8883329 >>8882131 Lol do you know how much you would make if you bought every bottom and sold every top at 100x leverage? Hindsight is 20/20 dood

Anonymous Thu Apr 12 21:59:43 2018 No.8883341
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>>8882051
These filthy fucking kike nigger faggots. If every man knew how the financial system in this god forsaken place worked, there would be an armed uprising tomorrow morning.
They are making the tax laws so convoluted and unclear so that they can later come back and say "Ah ha! You evaded taxes goy! Now give us your crypto and/or go to jail!".
Seriously read this shit:
https://www.bloomberg.com/technology

>An IRS spokesman said that in addition to the agency’s 2014 guidance, taxpayers should look at other rules governing an exchange or transfer of property and find the “factual scenarios that most closely resemble their circumstances.
>The IRS said in March that if taxpayers don’t “properly report” their transactions, they could face penalties and in extreme cases, criminal prosecution.

OKAY so these fucking pricks want us to pay taxes "properly, or else" but they don't want to fucking tell us EXACTLY how to file the shit?
inb4auditseasoncausesIRSofficestoliterallyexplode

>>	Anonymous Thu Apr 12 22:00:48 2018 No.8883356 >>8883341 sorry meant this link https://www.bloomberg.com/news/articles/2018-04-12/-take-a-wild-ass-guess-crypto-confusion-as-tax-deadline-nears

>>	Anonymous Thu Apr 12 22:01:04 2018 No.8883360 Do you use fifo or lifo

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