Bro how the FUCK am I going to pay taxes on all this shit this past year?

bro how the FUCK am I going to pay taxes on all this shit this past year?

literally made hundreds of trades

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Export csv file to excel
Calculate capital gain
Find which short term capital gain tax bracket ur in
Do the math to find out how much capital gains u owe
Mail the IRS a check for that amoint

Easypeasy

>how the FUCK am I going to pay taxes
you dont

Just tell'em you couldn't cash out, so you didn't have any real income.

how many BTC to get a beautiful woman like that?

Fuck taxes quit being a pussy

>woman

lol this

If you buy high and sell low like we keep telling you, you'll never pay taxes again

this is the only correct answer

Id lick some soy sauce off that lil weenie

hopefully you didnt use coinbase then.

IRS has already subpoenad all their records for tax cheats.

cryptocoinsnews.com/coinbase-ordered-hand-14000-user-accounts-irs/

above 20k rite

>use coinbase to get fiat into crypto
>transfer it off to your own wallet, tumble, whatever
>"sry uncle sam but im still holding. fuck off"

>bulge

unironically this

I recognize that bulge!

I did this but I'm not sure I trust my calculations.

Come on guys I posted a cute asian girl (#1 rule of biz OP) so I could get some serious discussion going. Let's figure this out.

bitcoin.tax i think there's other websites too

the risk profile of not paying taxes on unregulated fake e-money is pretty good esp if ur a poorfag

Give us your addresses so we can check.

>all
>"14000 user accounts"

pick one

nice try tax man.

there's still time to be the Matthew to our collective Jesus.

pick the right side of history.

Why pay the taxes in your own country? Just do the old jew trick, it's called tax haven.

btw trap girls are gay, not cute.

>girl
You should quit sabotaging your thread if that's what you're looking for then.

i need a fucking asian qt

>only 14,000 of their user accounts had balances over 20k

christ you amerimutts are poor aren't you?

See this weird machine thingy you are using to browse Veeky Forums? It's called a computer. It was invented to do calculations and store data and shit.

tl:dr : hire a CPA. Most of you are too retarded to do basic math anyway.

correct me if I'm wrong. But can't u just write an iterative loop after exporting the csv. If transaction resulted in profit calculate income tax as that gain, heres what I don't understand though, if they don't count trades as like kind, and dozens of exchanges allow for arbitrage, and I made hundreds of trades, like wouldn't u just price assets based on cheapest excahgnes. That's my plan anyway, that way hopefullye very tradecan be a capital loss and my final one can be highly profitable.

hundreds? try 23520 thats how many i did...

More like there are only 14,000 retards retarded enough to keep 20k on an exchange

Why would it matter if you made 1 trade or 50,000?

It's how much profit you made for the year.

>paying tax

i think they will keep a track of every single trade you made and put it all on the screen for you to fill in the blanks. i just delete them one by one and put it in as "US stocks"

I have 45k USD on Kraken lmao

Capital gains tax is percent based. You will only pay 15% on what you have earned. Well thats what happens in australia anyway

lying is worse than not reporting at all user

be careful

>admits to being retarded
At least you're honest.

Every trade as a capital loss and your last one be highly profitable
Look man i'm just a stuttering pothead but that sounds like you're going out of your way to make it look like you're doing some illegal shit.

fuck taxes we out here