Alright, Burgers. Explain yourselves

How the fuck do I avoid paying so much in taxes at the end of the year from my gains?

I'm using coinbase.

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>I'm using coinbase.
I'm pretty sure cuckbase snitches to the IRS.

>I'm using coinbase.
you have no choice but to take it

buy a caribbean citizenship for 200k fatass

how much do you pay?

if you're using a kyc like coinbase you're kinda fucked

How about binance?

My yearly income is 85k before my gains..so alot. Like 35%

Options?

In Mexico you don't pay taxes for your first 10 years of profits

I like being not dead for being white tho...but you're on the right track. Leaving America will be a necessity soon.

how are the roads where you live?

Then china knows about it.

They're very nice compared to many states I've been to or traveled thru.

Well shit I guess it's good for something.

are you retarded??? income tax is not the same thing as capital gains tax.

hold for over a year and capital gains taxes will be low.

Jesus christ wouldnt be surprised if thats you in the picture

Stop making gains

It's federal tax that fucks me. Not state taxes.

Hey you dumb nigger, there are capital gains tax brackets based on your income, just like income taxes.

move to puerto rico

Peter Schiff might be on to something. Maybe someday.

You obviously have never lived around ricans

Are they smelly? Like B Holes?

only for short-term capital gains. if you hold the asset for more than one year before trading or selling, you will pay the flat rate of long-term capital gains which is also much lower in most situations

you would also have to renounce your US citizenship

you have to establish residency before being exempt, and the exemption only applies to money made after becoming a resident

ironically you actually get a lot more respect as a white person in non-white countries

There is hardly an IRS anymore user.. they don't have shit for resources. Just don't do anything stupid and stay away from conbase.

Buy gold using btc apmex jm as long as undetr 10k ur fine. Sell gold locally

I can have a smelly rican waifu?

Oh yeah. That's a great idea. Thanks.

Wow, calling people dumb niggers and literally doesn't even know what short/long term cap gains are. I hope the IRS imaples you with a rake, OP.

Fucked if you live in the US. Elite arent going to let their cattle create a sysytem where they dont have to pay their taxes to fund globalist wars!

How the fack else do you get you fiat into dex

what does /biz suggest using other than coinbase?

Nigger I wanted an answer for avoiding all of it. Do you think I never want to pull out short term gains?

user, im a dumb stinky linky and was reading up on Long--Term Capital Gains tax.

As long as I only cash out under $40k a year then I only have to pay 0% tax or is it if I make under $40k a year in W2 income then any amount is at 0% tax?

Thank you pee pee poo poo

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It's based on your total income for the year, not just your capital gains.

Thank you kind sir, milkies for your troubles

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