>Want to trade crypto
>Read about taxes
>Don't wan't to trade crypto anymore
Want to trade crypto
pussy
Just make a spreadsheet and deduct taxes everytime you make a sell you lazy piece of shit.
Fuck the govt
Crypto-ancapistan when?
You need to find a better country.
you don't have to pay taxes if you never cash out
>paying taxes on nazi internet funbux
you aint gunna make it kiddo
fyi this is how we know you're poor. rich people can't dodge taxes, but I assure you the IRS doesn't give a shit about your $20 LINK profits.
this
plus you will most likely lose money vs buying and holding btc
bitcoin.tax does all the work for you
Their plan worked.
ya, just stay out. you'll lose money and have to pay tax on your losses. if you buy $1000 of bitcoin you'll lose ~80% and then have to pay thousands in taxes. they'll take your home and your children then you'll be living on the streets.
>rich people can't dodge taxes
This is an altcoin board.
if you weren't poor you'd know that.
Feels good being an europoor huehuehue
this user gets it.
if enough people dont cash out.....the gubmint will have to bend the knee.
trading crypto is stupid anyway, even if you wern't late trading it is just throwing away most of the growth potential you get by staying in positions for those multiple 100x returns you could have gotten over a number of weeks/months.
were you not aware taxes exist before getting into crypto? Abraham Jewski will always have his cut
>he thinks he is rich
I am a nocoiner but an oldfag, what alts should i buy today? I have 5k to start with?
>if you never cash out
lol
sucker
My gubment made crypto to crypto taxable like a month ago. Just bought few coins after the law passed and just gonna hodl till I can cash out, no reason to trade anymore because you can't even deduct losses which is fucking crazy.
This, just keep building your crypto empire until you have enough BTC to topple governments.
Nobody will stop you from cashing out then.
tax avoidance =/= tax evasion
Both mean the same to the IRS, fucktard.
Thankfully most exchanges save your transaction history, so just print them off at the end of the year and hand them to an accountant. Its worth giving some bean-counter 500-1k so you dont have to spend two weeks sorting through shit, only to get it wrong.
you don't pay taxes if you don't cash out.
Monero that shit and become a digital nomad.
>rich people can't dodge taxes
>tax avoidance =/= tax evasion
You're certified retarded. Don't post again.
spend $20 and download bitcoin.tax
anyone else think it's about time to start telling those thieves to fuck off or else?
I mean, wars have been started over less........
Wars cost money.
They control money.
>Unironically living in the US
>US is the only country that has taxes
>paying your tribute to israel
>not using a user binance account
>not cashing out with ATMs or gift cards
well suit yourself
it has the most retarded tax laws regarding cryptos, that's for sure
>Want to trade crypto
>Read about crypto
>No taxes on unrealized gains
>Can trade crypto to crypto tax free
>This includes also stable coins like USDT
>30-33% tax on realized gains
Thank god I live in a Nordic socialist state
>log in Mint and tally up all your coinbase/Gemini deposits
>so you've put in $X dollars into crypto
Then it follows:
>free to cash out up to $X dollars as you wish
>(fiat value in) - (fiat value out) >= 0
>no capital gains realized
Yall niggas really so brainlet you couldn't figure that out?
Also, """"crypto-to-crypto"""" tax is a meme, you're disqualified if you use this argument.
You get taxed on all your income, at least in usa. That's like saying you don't want to get a job because you don't want to pay taxes. Smarten up kiddo
>want to make money
>read about how kikes control everything and it's all rigged against me
>don't want to make money anymore
No it doesn't. Finland has same except higher rate, no long term rate and no way to deduct losses
What country?
OP, Read 'The Grace Commission' its all you need to know about taxes
Also, Finland bases your speeding ticket charge on your income.
Fuck that shit.
All in LINK, unironically.
Taxation is theft desu.
anyone know if crypto to crypto is taxable in Canada? I'm seeing mixed reports
So how much do I have to make before taxes to get 1 mill? US fag
Yeah, fuck that indeed. Can be pretty good if you are NEET ofc
Pretty sure it is but if CRA really thinks anyone is going to keep track of their trades they're retarded. Especially people who used shapeshift on the Exodus wallet. All I'm claiming is what I bought with crypto no gains no losses no bullshit. Then they can do the ground work to prove I've made a profit or a loss.
Did you miss the new rules? They are taxable now. Also it is 30-34%
Holy shit
Kek I still have your old rules + 20% tax on profits.
t. Viro
>tfw don't pay any taxes on monthly little peasant "cashout"
Thank god I live in a crippled state
How do you expect to cash out? What exchange you use? I know quadriga files their shit like good little goy puppets.
>dollar cost average
>never cash out
why would you pay some kike when all he's gonna do is pump all your trades through some algorhytm like cointracking or some other bitcoin.tax. You can do it yourself in 1 day, just pull all your trades through exhanges APIs
lucky fucker
you have no VAT right?
Buy bitcoin p2p cash BCH and never cash out but spend it at your leisure.
Problem solved you dumb pajeet