OH NO WE GOT TOO COCKY BROS

OH NO WE GOT TOO COCKY BROS

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OH NONONONONO

lol you fucking moron

I dont think the irs sends letters like that

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>This is not a bill
Sounds like you're off the hook to me I wouldn't worry about it

user we told you.
DONT DO UR TRADING ON A CEX , BUT IF U DO U, U NEED TO REPORT IT ALL IN FULL

COINBASE

What did this monkey do? Not report his crypto shit?

nice (((interest rates))) you have there friend

Pajeet scam

how do i fix my taxes back to 2017 in minecraft

used a crypto exchange that reports to the IRS.

the IRS 100% sends letters like that.

Taxation is theft

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Its a good thing that in florida investments are taxed at 0%. Feels good being a crypto investor instead of a trader.

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how did they know how much you owe?

>JVST id
don’t try to cheat the government next time, to owe 120k+ you’d have to cash out nearly half a million

Exchanges like Coinbase report to the IRS when you buy and sell. Supposedly this brainlet cashed out and didn't report his gains

declare ch7 bk. wash your tax debt. unless they sent that because you knowingly tried to defraud them in 2018. then you're fucked

they certainly do

i have one for much less.

FYI if you dont handle this you will go to jail. You have about 5 years

which exchanges report to the IRS?

If you don't reply with "Niggers tongue my anus" you deserve to go to jail for tax evasion.

Serious question, how can they tax you on unrealized profits? If you trade on a CEX and keep all your assets in something like ETH and never convert anything to USD or USDC, and never move it to your bank to spend, how can they tax you on it? What you hold could nose dive and take a fucking dump and you could lose everything, how then would they factor that in? Fuck the IRS

uhhh

ive got news for you.

You will get a bill form the IRS

all legit kyc exchanges report to the irs

did you even reaf anything in this thread? the cex reported his trades

anything with kyc

Wow was this a coinbase user? They apparently auto report after 20K not too sure about other CEXs

They most certainly do. I received one that looked almost identical to this a couple years ago. Mine was only for a couple thousand on a real estate transaction, but still.

pretty much any US based exchange. there's a reason the 7 proxies thing is a meme.

Imagine cashing out your crypto on (((Coinbase)))
Don't forget to pay your taxes goy, Lakisha needs her food stamps

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>keep all your assets in something like ETH and never convert anything to USD or USDC, and never move it to your bank to spend, how can they tax you on it?
they wouldn’t. you only get taxed if you trade at a profit into usd or a different crypto

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he moved it to his bank....

If you not cashing out, only trading, you don't get this right?