>I have to pay my crypto tax.
I have to pay my crypto tax
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i have been in crypto since 2012 and have not paid a single cent in tax, i simply refuse to ever do so; crypto was made to escape the jew, not morph with it
larp
here's one of my earliest wallets: blockchain.com
earliest transaction is late 2013, don't remember the earlier wallets, switched up quite frequently back then
>The ultimate beta pill.
Have fun in cuffs
Only turbo chads follow the law
he doesn't know hehe
just dont pay idiot, cash out small amounts
Thats not how it works
of course it does, but u cant buy super cars or houses, just rent everything
>Have fun in cuffs
based 5yo toddler
the real answer is to buy shit with crypto, whenever i wanted to "cash out" a little to buy things i wanted i'd just get some gift cards or some shit for amazon, no kyc or anything
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stuttering pothead druggie loser
nah fren, i just worked in crypto in the early days, it was pretty comfy
>Created 12 October 2014, 17:01:44
feels bad man
This gives me hopium, thanks user.
I mean if you never need to make large purchases or sell big amounts to buy land/house/stocks its for sure possible to live on crypto without paying tax on it if you have tiny bit of imagination and motivation. Good luck though selling 500k worth sending it to your bank buying a house and never paying any cap gains and getting away with it. They don't care about plebs buying $200 worth of groceries or a 500$ TV with some btc gift card or unreported cash.
Lmao
Follow the law unless you want to be looking over your shoulder for the rest of ur life.
>be a good goy or else
I'll take my chances, thanks for the concern though.
no
NP and GL with IRS being cognizant about your crypto activity and adding interest on your unreported cap gains
If its like 20-30k you can probably get away without an audit, but if you dont report on a sudden influx of 500k or couple million, you will get fucked by the IRS for not paying your taxes.
>move to cayman islands
>cash out and pay not a cent in taxes
>buy a private island and fuck native girls all day
listen brother you can take your chances with debt collectors but with the IRS its always yes sir no sir.
t. family member got arrested for tax evasion
(((IRS)))
You still have yo report to IRS unless you never plan on coming back to US. Children larping on this board..
goldstein doesn't have to know if you don't leave a trail
Irs cant get you in panama.
That being said I will also pay some tax so i can just buy a house with it and pump it in boomer ETFs.