Get taxed on the money you get for doing your job

So I've never cashed out yet. I've made hundreds of crypto to crypto transactions not all profits. Eth to esh for example isn't taxed RIGHT?

Please tell me I only have to pay tax on the interest of my earning when I cash out.

when you zoom out and see the same dollar you earned and was taxed for, becomes income for someone else who is then taxed again.
$1 moving thru the economy generates thousands in taxes. tax revenue collected then spent by the irs itself, which then becomes the source of more tax revenue.
financial kabbalah

sorry friend. not how it works.
this is precisely why i only buy and hold.

simple. Earn less than 10k and never pay taxes.

Nope! Jewish IRS hates you. Crypto is treated as a security, and get this, you are taxed on the gains from the USD value of both at the exact time you traded.

Say you bought 1 eth of ESH, say you had 120 esh and you sold it for 1.2 ETH

That 120 esh would be converted to its dollar price. That 1.2 eth would be converted to its dollar price. The difference of 1.2eth-120esh in dollar price would be your tax liability.

based

I'll make a million dollars and fake my death in perpetuity every time I withdraw.
Fuck the government I don't have kids and my money isn't going to support other niggers problems

So how about I just don't do that, and pay 15% or whatever it is on earnings.

first off, the absolute best advice i can give you (as gay as it is). is absolutely DO file a tax return. It is criminal to not file....
consult a cpa / tax attorney for how to categorize your trades so that they are done legally and in the most tax efficient way.
you should plan for that whatever exchanges you used are going to file 1099's to the irs on your behalf, so not filing is going to paint a giant fucking target on you.

>fake my death
Good luck with that, Tiger.