Crypto taxes

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Crypto taxes Michlan Mon May 21 14:57:09 2018 No.9547744 [Reply] [Original]

So, let me get this straight, in the United States, they base taxes on selling prices of crypto, and not on capital gains and losses? Can someone explain this to me?

>>	Anonymous Mon May 21 14:59:07 2018 No.9547761 selling a crypto is realising a loss or gain to them

>>	Anonymous Mon May 21 15:00:16 2018 No.9547770 File: 55 KB, 297x365, 1359649023145.jpg [View same] [iqdb] [saucenao] [google] >>9547744 Go to hell and take your shitty meme money with you filthy gentile!

>>	Anonymous Mon May 21 15:01:05 2018 No.9547780 >>9547761 does this mean you can time the market to avoid taxes? >Buy shitcoins at loss just before tax year then resell next tax year when there is a shitcoin rally. Double the fun. You can gamble on their actual value and their tax+value

>>	Anonymous Mon May 21 15:08:24 2018 No.9547867 You have to realize your gain. Your gain is not realized unless you cash out to fiat because cryptos are not currencies.

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