The IRS can unironically FUCK MY DICK. I will never ever pay crypto taxes EVER...

I think in my country every profitable trade is taxable i.e. switching from one crypto to another is considered cashing out. you only pay 0% taxes if you hold for 1 year

my thought was that you never actually cash out and use some sort of crypto credit/debit card and pay all your small expenses with crypto

it is possible. come to turkey. there are exchange offices that give cash for bitcoin with 2% comissions without kyc.

That's true, but crypto-to-crypto capital gains tax isn't REALLY enforceable anyway, so it still ultimately comes down to looking at the ins/outs when you finally convert back to fiat.

Ever heard of kyc-less atms and person to person cash transactions? Newfags baka

>there are exchange offices that give cash for bitcoin with 2% comissions without kyc.
>>>
>Anonymous (ID: ZuVGi1FX) 07/22/20(Wed)08:34:37 No.20579627▶

how can I find those?

does deleting my coinbase account help to cover tracks?

Based
>sell p2p
>buy goods and sell them
Profit???

why yes

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No, but also that would make things worse for you. if the tax man ever does come down on you, you'll want to have evidence of how you obtained your crypto in the first place

Let's say you bought a BTC at 5k and sold it at 11k. You should only have to pay taxes on the 6k gains. However, the burden of proof is on you. If you were theoretically able to wipe evidence of your on-ramp to crypto, and have no proof of your initial loss, then the IRS would treat all 11k as net profit. You'd be paying taxes on 11k rather than 6k

Getting on isn't the problem. It's getting off. But of course, the chances of you actually having to deal with the IRS are quite low unless you're already a business owner anyway, so you could probably just ignore crypto withdrawals for tax purposes and they' *probably* won't ever audit you. Probably. Up to you whether or not its worth the risk.

just google "nakitcoins istanbul" you can find all the info on their website.

>Make a anonymous wallet that cant be traced to you.
>Send it over
>make it untraceable using new wallets and DEX
>say you got scammed to send it to the first adress you created
>funds safu

or just withdraw from paribu without paying a giant fee...

those idiots should've bought link.

>he doesnt know

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based

I will make an easy 100x with CAP and not a single IRS smoothbrain will see a dime of it

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imagine having balls that heavy

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Can this be considered admission of guilt?
Any lawyer fags here?

*gets raped*

Where is the crime you mongo

Haha wow bro you're so cool bro

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I worked for the IRS as a GS-10 doing audits.
Here’s some tips
>if you enroll in college and claim educational expenses, your likelihood of being audited falls to less than 0.5%
>if you were audited in the last 3 years, your likelihood falls below 0.5%
>if you own a business, your likelihood increases
>if you cash out any 401k or lump sum deposit, your likelihood is over 50%

Why? Cuz auditing students is viewed unfavorably and not worth the time. Repeat annual audits on the same person is not efficient as person is more likely to hire accountant or tax prep service the following year. Small businesses get audited frequently, and the algorithm for assigning an audit for them is like 1000x more likely than individuals. Anytime fidelity or other 401k or lump sum deposit reports to the IRS, it’s usually immediately flagged for review, especially if over $10,000