Yet somehow i suspect the morons are legion on this one...tulip1637 wrote:you'd have to be a fuckign moron to not be paying your caps gain tax with any meaningful stake in the game
... like people who bought crypto with their CC.
Yet somehow i suspect the morons are legion on this one...tulip1637 wrote:you'd have to be a fuckign moron to not be paying your caps gain tax with any meaningful stake in the game
Thinker wrote:You don't pay the tax until you realize the gain. That is, when you sell the bitcoin.
donald trump wrong.gifThinker wrote:You don't pay the tax until you realize the gain. That is, when you sell the bitcoin.
tulip1637 wrote:donald trump wrong.gifThinker wrote:You don't pay the tax until you realize the gain. That is, when you sell the bitcoin.
in 2017 that was somewhat true as you could use like kind loophole if filed correctly, however in 2018 the govt has made it clear that is only for real estate.
you are effectively realizing your gain (that is selling your bitcoin) on every trade.
ignorance is bliss. until you are audited, thrown back into debt slavery, and your moon lambo is repossessed.
choke wrote:I won't give up a flip that I can get myself to someone who is convinced they need it. None of us need any of this fudge. It's art. It's not medicine.
Codeblue wrote:Ya know they'll put out at least 1 "ZOMG gotta rub mah nuts on another dukes butt to get in line for it" poster.
tulip1637 wrote:donald trump wrong.gifThinker wrote:You don't pay the tax until you realize the gain. That is, when you sell the bitcoin.
in 2017 that was somewhat true as you could use like kind loophole if filed correctly, however in 2018 the govt has made it clear that is only for real estate.
you are effectively realizing your gain (that is selling your bitcoin) on every trade.
ignorance is bliss. until you are audited, thrown back into debt slavery, and your moon lambo is repossessed.
Codeblue wrote:Ya know they'll put out at least 1 "ZOMG gotta rub mah nuts on another dukes butt to get in line for it" poster.
acidburn wrote:Anyone buying Icon? Was reading along with the summit last night on Twitter. Sounds like itll be great.