Tax

How do you guys deal with taxes on crypto you cant just make free money without the fucking government coming and buttfucking half of it out of you?

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Nope, the government always wants their 'cut'.

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i'll let you know in april. coinbase gonna send me a form right? i'm only claiming what i actually sold, not what i transferred. fuck i hate kikes and their nigger pets.
defi onramp when?

Just take it or else it won't be just the money they'll take. They'll turn your asshole inside out after they're done.

>"taxes?"

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exactly they are just going to take a big cut of it but I think if you make over 600 coming base should send you a 1099 form otherwise you have to get it yourself fucking jews and the government want to cut to waste on shit people don't need

buy decentralized. No taxes

>half

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Is it really half?

Just trade on no KYC exchanges you fucken pussies

If you make 1 million or more yes

>buy shit on binance
>transfer to exodus right after

Tax lophole: Kill Your Celf

How? If you cash out won’t they see it in you bank account?

Can the jewvernment tax you on your current positions even if you haven’t cashed out?

>IRS = IRIS

Eurofag here. I 'll hold and cash out in Portugal with no capital gains.

Use lube and bite the sheets

Don't fucking pay it, and if the IRS comes to your house, shoot through the door.

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Why Portugal?

I haven't earned enough for Coinbase to report me and even if they did I'm still in the Zero range.

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crypto to visa gift cards for anything you need, teh amount you loseo n those is less than what the government takes from us

Fed
>types 4 trillion dollars into the computer

IRS
>give us your fucking thousand dollars of bitcoin gain taxes or we’ll wreck your future

> taxes on crypto

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>How do you guys deal with taxes
by paying them

I deal with shitty retarded threads by hiding and saging them

Nigger it ain't as easy as you make it sound.Also, Portugal has wealth taxes (1%), transfer taxes(7%), and a shitload of other shit that EASILY goes beyond 30% of your earnings. Imagine falling for the Portugal tax free crypto meme

capital gains tax is 15% for me, so take 15% of every profit and loss in usdt and add them up = crypto tax

>Can the jewvernment tax you on your current positions even if you haven’t cashed out?

no

> paying them

ngmi

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only use a credit card for living expenses
cash out to bank account only as needed to pay off credit and pull out cash for cash transactions
do not keep residual cash in bank or exchange accounts
wait for a 1099k from goybase and only pay taxes on the amount provided
wait for the puerto rican tax corporation to ask for more, if they think you owe more

I'm starting to think you guys were making it up all along too

And leave you gains tied up in a coin that could go to shit where you lose everything? Explain how that works. And don’t tell me move it to a stable coin bc you have to pay taxes on the coin to coin trade.

where can i trade my crypto for visa gift cards?

stable coins also have a freeze funciton

I use egifter and coinsbee.
DYOR ofc, never trust an user's links

i can't pay taxes i'm homeless, i use my completely overpowered passport to switch country every few months

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Tokentax is probably the best way but it's still a nightmare.

Entering and exiting Uniswap pools counts as a trade. Depositing collateral to to get a loan on Aave is supposedly a trade as well. It's all bullshit.

No it's not.

ignore them