Hello Veeky Forums I'm not really sure how to move forward at this point. I ran a bitcoin casino (none of this bullshit ass clearnet type shit) and am moving on + have already paid out all the investors who backed up my bankroll. I programmed the website 2 years ago and made just a bit over 200k, which I know isn't much, but I'm only 19 and this is the only way I've made money.
My biggest concern is how can I safely move this money into an account to actually be able to use it? Also, if it helps, I'm located in the U.S so I really don't need the IRS on my ass.
If you want it in a US account, you have to claim it as income.
If you want it in an overseas account, you can not claim it, but you'll go to prison if the IRS ever finds out about it.
Just pay the taxes and move on.
Levi Jones
You don't.
That's the point of a ponzi scheme.
John Myers
In how much time did you hoard that?
If it was in one year, 200k, you're fucked because of taxes. 35% is Uncle Sam's.
Now if you did it over the years, you're good, ~20% for Uncle Sammy.
Just walk in an accounting place, or a lawyer place (Doesn't have to be expensive desu), and explain your situation.
Kayden Evans
It ain't income nigga. Capital gains that shit after a year.
Ian Taylor
Sell it bit by bit Sell it to people who want it Buy drugs and other black market goods and sell then for a percent less I'd buy some but only have a iphone 3
Ryan Wilson
just send about 10k per day to different addresses and cash out all of them individually
either that or go to turbotax/H&R block and FEEL that capital gains tax fuck your tight boy pussi. Good work btw plz send a poor father some
1Ecdjm1AUrLqoeVvPydDx8JKSDiLAY6YzV
Liam Reed
One thing I need to know is that am I able to go up to a lawyer knowingly that the way I made this money is illegal?
Also it was over 2 years. Though sporadic, 50k first year, 150k the next.
This is not a preferred method, my problem isn't getting converting the BTC to cash, it's just doing it safely//without going to jail or someshit.
Not too sure what you're on. I had 4 investors who backed me up ~2.5M, I paid them their share and took home mine.
