IRS letter

do i have to do my super mario bros coins, and powerstars (pwrstrs) too?

my steam trading card i unlocked is worth 0.03
do i have to pay taxes on that too?

Or literal shekels

We know who are.
We're inside every exchange.
We'll subpoena any information we need.
We'll use onchain analysis if we must.
We even have AI reading onchain data.
We WILL get our cut.

news.bitcoin.com/irs-tax-letters-cryptocurrency/

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I made so much Runescape gold this year. No idea how I'm gonna file this shit. Every time I traded my gp for items, that was a fucking taxable event.

Did you buy with kyc? I bought mine using my Chinese friend's we hat account and I've lived in 3 different countries since then. Can we just rename the US NiggerJewSA

I dont have a mail box.

If they know everything then they should know I lost 100% of gains and went below my principle investment so they actually owe me money.

Probably gonna be ton of tax evasion this year as people are losing faith in the power of the federal government. I'm not saying it isn't there, not at all, but the media and political climate is making them look weak.

Fuck off. You are powerless.

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im gonna say it once
In all countries there is an amount small enough to be unnecessary or harmless to not report. If you cash out USDT do it bit by bit.
Im Peruvian and in my case it is 3k dollars which is a shitload for a Peruvian.
Now break a leg.
All other transactions are not taxable, im sure, so just report them on your taxes.

Also pray for no wealth tax. Thank God bernie didnt win his primary, he wanted one.

my taxes will not go towards funding the destruction of my country and people via immigration. go suck on that fed nigger

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Oh also, that letter got to you because you sent id and proof of address to whatever exchange you use, and they obviously snitched cause you prolly trade more than 10k or whatever is your limit

Thank god I live in Canada and our shit is just taxes as a capital gain after all is said and done and not on a trade-by-trade basis. Taxation is fucking theft

> fears monero

Lol just send them page after page of RuneScape gold transactions, spent 100gp on bronze dagger,
Sold 10k sharks for 500k gp,
Then just slip in your crypto transactions intermittently someone’s gunna have to read it at least you wasted their time

god i wish she was a cow

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>the land of the free

would have been a better larp if you included maltego in it.

>Then just slip in your crypto transactions intermittently someone’s gunna have to read it at least you wasted their time

lol this is amazing

>home of the slave

Lol

>buy localcrypto with cash
>transfer to like, a dozen different wallets
>use an exchange with no KYC
>cash out in monero
how the fuck would they ever find out besides you being a fucking retard and buying a lambo on your five figure salary

if you're swing trading multiple currencies how the hell do you track all that shit?
I don't record anything
fuck it, moving to slovakia

>Probably gonna be ton of tax evasion this year as people are losing faith in the power of the federal government.

Not just a loss of faith, but an overload.

The explosion of OnlyFans has a lot of thots running their own business technically and they hate paying taxes just as much as us. They also have the pussypass confidence to (think they can) get away with it.

Remember #thotAudit?

They provide no proper definitions for "digital currency". This could actually work. Anything from vbucks to RS GP could count. But what about the actual dollars in your bank account? Is that not digital currency?

I record all of my trades in a sheet...

Date, amount, total, buy/sell, and the coin.

It's a daunting task if you don't keep up with it, but not terrible if you just take notes on each trade.

I hate this country so god damn such