How the fuck do crypto taxes work? I figured you had to pay taxes on what you cash out, but now I’m seeing that the IRS wants you to pay taxes on exchanges. Do they really audit that shit? Has anyone here gotten IRS attention from trading? Seems like a lot of fucking work to keep track of every trade and report it, considering all the different exchanges, airdrops, etc...
US Crypto Taxes
Camden Lewis
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Kevin Gonzalez
in 2021 i will pay something like 3-5 million in tax. it fucking suck. more money more problems.
Jordan Walker
Jfc might as well fucking exile. If your taxes are that much, how much did you make?
Josiah Butler
Use a crypto tax software and import your trade history
Thomas Martinez
Remember if you renounce your citizenship you still have to pay any taxes you owe before you renounce it
Kevin Sanchez
honestly if they come knocking before I make any significant amount im doing something violent. let me make it first, then I'll give half, but if you come for half of a less than 6 figure stack while printing trillions and giving it to billionaires i know I can do more than $100k worth of damage easily.
Jeremiah Brooks
honestly same here. i’ve had it with this pozzed shithole country fucking me over at every turn
Michael Reed
How much tax would they charge on a $100 purchase?
Jackson Barnes
Someone honestly answer me please. How the fuck can they audit me when I can't even figure it out myself. Like some transactions I lost from cryptopia and some addresses from uniswap I lost the flash drive.
The tax programs you buy for crypto usually are way high. And a unaccounted amounts they weigh like you buy price was 0. So fucking silly
Meanwhile. Lefties destroy country. And get pat on the head. Billionaire get a dump truck of money dropped off at their house.
Whole system is for serfs to stay serfs
Brandon Taylor
You already know what the solution is. It will begin after the election and before February 2021