Can someone spoonfeed me a step-by-step to cash out without paying taxes? The money's not a big deal just have an issue with giving money to this shit government so they can turn around and give it to leeches
Taxes
Leo Perry
Asher Russell
I second this. I need to know before we hit $6
Julian Thomas
Bump
Ayden Mitchell
Bump
Jack Watson
You don’t get around it because you probably on-ramped with cuckbase and they KYC’d the fuck out of you.
It’s not worth looking over your back forever about because a 100k isn’t worth getting locked in a cage. If you’re talking about 7 digits or more, renounce your citizenship and get to somewhere tax free.
That said, a friend of mine would take cruises and cash out in the Bahamas. You can walk back into the country with 9999.00 and not have to report it. Wife and two kids can bring back 40k a trip... watch for people tailing you though in foreign countries.
Jeremiah Lee
Either sell it after a year, or dont sell it at all
You only get taxed on gains
Bentley Barnes
step 1: don't be american
step 2: become a resident somewhere with low/no taxes
Cameron Edwards
>renounce your citizenship
When? I haven’t made it yet but I’m close
Anthony Kelly
I’ve heard a few instances of potential fraud lmao
1. Start your own erc20 anonymously and exit scam on yourself
2. Trade for monero then trade for gold bars but that’d only work if you make the monies after transferring because you’re tracked up to the monero withdrawal.
Seriously tho you’re better off consulting an accountant and being transparent it’s not worth the stress if you live in a great country like America you’re taking for granted how nice and safe your middle class life is.
Ryder Price
lol, imagine if what all the anons are saying about the taxman clawing through fucking wallet transactions and finding out the value of a trade to tax it. i think i might just make a few more metamask wallets just for this. imagine having to dig through multiple wallets selling into monero and back into other wallets, trading countless uniswap shitcoins at God knows what price, just hundred upon hundreds of tiny, worthless trades to try and squeeze shekels out of some goy. putting a government employee through that sounds like the greatest catharsis imaginable.