You crypto faggots realize you have to pay taxes even if you haven’t cashed out a single penny of your “gains”, right?

You crypto faggots realize you have to pay taxes even if you haven’t cashed out a single penny of your “gains”, right?

>Good luck explaining your thousands of untracked trades to the IRS.

I lost it all trading :(

Uh, no, you dont.

>Being a comfy, responsible, tax paying citizen

good luck finding me in the Chilean mountains

That’s not even close to how that works.

i see you also bought link

i'm not buying treandre a new pair of jordans, fuck off nigger lover

>OP is a retard
not a surprise

I live in a shithole where none of this is required. The tax office surely don't even know what cryptography is lol

fuck taxes I have an 6 AKs in my closet how badly do you want your cut Uncle Sam

Depends on where you live. In America you do have to keep track of all your trades. And you owe taxes even if you don't cash out. Now don't tell me I'm wrong, because this has been discussed to death. This is the way it is now.

tax FUD more

also a lil deunk

taxes are no big deal if you're 300%+ every month

I'm not going to pay taxes on shit that I haven't even cashed out yet you little nigger.

Fuck you with your tax bullshit.

Faggot, every major exchange let’s you export your trade history which can be uploaded to bitcointax to calculate what you owe. It’s not even an issue. lol. So what if I have to pay 35k on my 115k gains, I started with $500. It’s all good nigga, don’t worry about us.

I've cashed out several times in the past, stop with this meme.

>35% capital gains taxes.

They're going to take a 100% off the top, nigger.

At least you still have your 200%.

Yeah too bad I'm not American lol.

kys you fucking subhuman waste of organic material static cuck i am not paying a single fucking penny to the IRS

THIS is the FUD u chose op?
>muh taxes even if no munies kashed
>it alrdy been discuss
OP probably keeps his money on coinbase

No-coiner faggot detected.

>t. nocoin niggha

I'm not an amerifat cuck fuck so fuck you OP

>OP can't even read
>thinks I have to pay taxes
fucking soyboy newfags

>And you owe taxes even if you don't cash out.

Yes, let's pay income tax on income we haven't even earned yet. And further compound the issue by attempting to pay tax on a value that fluctuates literally by the second.

Let me guess, you hold XVG, DBC, TRX and XRB?

Or you just wait a year you fucking idiot

> being Unitedstatian
Not even once

he doesn't get it because he hasn't experience gainz himself

> paying taxes on things with no real value