surprise! if you're an american who made any crypto-to-crypto trades this year, you must pay taxes on every single one of those trades!
what a great time to be an american :D
Wake up and smell the taxes!
Logan Clark
Nathan Myers
I honestly dont even see how that would be possible.
Caleb Hughes
Hmmmmm i think ill pass thanks tho hehe
Parker Thomas
have you even tried? of course not. there's software like bitcoin.tax that will easily compile all your trades and spit out how much tax you need to pay
Josiah Adams
ok good luck user! (hint you might want to allocate some of your crypto to hire a lawyer when you get audited)
Colton Bell
I'll save enough money for first in first out taxes, but I'm reporting with like-kind
Ryan Long
first in first out won't be enforced. like-kind however will be
William Ward
What are like kind
Owen Adams
What do you do if you're a NEET who's never paid taxes?
Oliver Young
Wouldn't you only have to pay taxes on trades made AFTER the tax plan has passed?