You are also making a massive assumption in addition to the fear mongering.
You are assuming most people here are in the green. Gubment can't tax a loss.
You are also making a massive assumption in addition to the fear mongering.
You are assuming most people here are in the green. Gubment can't tax a loss.
>I refuse.
Then you're full of shit and now everyone knows it.
Have a good day.
>You are also making a massive assumption in addition to the fear mongering.
I haven't made any assumptions and I'm not fear mongering.
>You are assuming most people here are in the green. Gubment can't tax a loss.
Correct. In fact, if you report your losses, you can use them as a tax deduction.
Lolz if your paying taxes
You're free to believe that if you like. It doesn't affect me or whether or not what I've said is true in any way.
Have a good day.
My cpa said he will look into it but like stock you don't get taxed until it's fiat again. So your fiat grows to x fiat you pay taxes on the gains.. anyone think this is correct or no?
If you are in the United States, you don't pay taxes on crypto for holding it, but you do pay taxes if you trade it.