I plan on selling off all of my shit coins that I give fuck all about and counting the losses against my gains. Pay the tax-man in full and reset January 01, 2017. Don't spend the next 10 years looking over your shoulder.
Whats your plan?
Jaxson Gonzalez
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Aaron Wright
2018
Henry Hernandez
Send to monero, send to another monero, send to eth, cash out
Anthony Ortiz
let the baby boomers do what they do best.
collapse bitcoin like the penny stocks holding their retirement...
and buy the dip.. profit when they die off.
Jose Torres
Every trade is potentially a capital gain. So you do actually have to verify it.
Elijah Myers
I dont see this working, virtually no one in crypto except the whales even care. Good luck to the IRS with that, normies barely even know what btc is, let along know how to tax it. I have a feeling, its not going to be as big a deal as everyone makes out.
Colton Martin
Cash out.
Which I did.
Watching you guys fight for the scraps of any profit left in this thing.
Hudson Moore
Idk where to start so I won't be doing anything unless I'm spoon fed. That would be
1.bitrex compiling my prodit/loss
2.automatic import and filled out tax sheet
3. Automatically sent to whoever or where it needs to go.
Easton Cruz
just amend your past tax forms
Michael Collins
You'll never be able to cash out then.
2018:
>Hey this is the IRS your bank is reporting some big transactions, mind explaining where this money is coming from?
>W-well I made some trades last year.
>Sir, we have no tax records of any trades last year. Are you saying you evaded taxes?
>N-no I never cashed out, they were just sh-shitcoin trades so they were like-kind, so I only have to pay when I cash out right?
>Absolutely not sir, 1031 like-kind trades have to be reported on Form 8824 on that tax year and receive approval from us to qualify for capital gains deferral. We are coming over to your house in 2 seconds with a magnifying glass, open your asshole.