I just went all in yesterday, so the market is allowed to go up now.
I've withdrawn $1-2k USD every day this year to multiple banks to avoid IRS detection. I just decided to go all in. The bull market is back. I will tell you when to sell again, as I called the top perfectly last time.
I will likely start selling at $300k USD
Other urls found in this thread:
en.wikipedia.org
twitter.com
>to avoid IRS detection
enjoy your days out user since you will be in prison in no time,
based and redpilled and reported to IRS
>I will tell you when to sell again
You don't even have a trip, how the fuck are you gonna tell us anything.
Also, you mean $300k pet BTC? I'm a bullfag but even I think that's delusional.
>avoid IRS detection
>uses Coinbase
>admits to tax evasion while posting actual figures
Enjoy your back taxes, penalties, and possible tax evasion charges when the IRS matches your transaction amounts/frequency with your Coinbase account and your name.
biz'd and blue balled and red box'd
You know Coinbase sends all your info to the IRS right?
>withdraws from (((coinbase)))
>thinks the IRS won't notice...
ahahahhaahahhhahahhhahhahaaaaaa hahaha hahaha hahahaha,
bro, pay your taxes, seriously. In 3 years when the IRS has completed their very easy investigation on you, you will owe them more than you have because of interest (racks up 5% quarterly, and a 5% penalty, that's why they'll take their sweet time for maximum legal justing). They won't fuck around, and Coinbase will neither let you withdrawl into a bank, nor transfer to a wallet.
that having been said, I did the same exact thing yesterday (going all in). Minus the tax evasion.
lmao good luck OP (((coinbase))) gives all account information to the IRS
pic related
>multiple banks
>to avoid irs detection
>banks
>avoid irs
>banks
>literal banks
Send postcards from jail
You mean we're going to 300k BTC? Whoa buddy. I hope your right. Post more of your insights
Alright, what coins are good buys (both short and long term)
is this a joke or wh
Buy anything with dag in it. seriously. xdag dag iota byteball nano
dero, it's getting new exchanges soon plus smart contracts
No shit, I sold BTC at 17k and ETH at 1.2k. This is just a short squeeze, we're going under 6k.
> Uses coinbase
> multiple small withdrawals
> uses a few different bank accounts
> thinks it’s this easy to get away with tax evasion
It’s a good thing that most tax evaders don’t even know how to evade taxes properly (e.g. OP). I’m almost thinking this thread is bait. Coinbase will report you to the IRS almost guaranteed. It doesn’t matter that you withdraw the money over time (if anything, it makes it more suspicious). Also, banks have shared databases. You will most likely get caught, but good luck I guess.
>dag
David Allen Grier?
omg i feel sorry for u
>wagecuck for IRS
>see this thread
>supboena Coinbase for all transactions matching these amounts
>find out who OP is
>try for Tax evasion
Hopefully Jamal isn't too rough on you
Based and redpilled
HAHAHAHA THIS CUNT WILL GET FUCKED BY IRS
Why do americans need to pay so much taxes if they're so free? I live in a socialist cucked country and even us pay less. Didn't you start a war with brits over a 1% tax for coffee or something. What the hell happened to you cucks.
At what limit will coinbase report to irs?
It does make you more suspicious.
You think all those taxes are going to social medicine, schools, etc?
Nope. It goes towards paying the bills so that the US military/intelligence can stomp any other nation at the drop of a hat. Nevermind all the trillions of dollars that go missing and are likely siphoned off for black projects that nobody could even fathom.
guys i'm going to give you an actual tip from someone that makes a lot of money and has a massive accounting firm do my finances.
Even if you take the money out "a little bit at a time" you're only option when doing US taxes is to lie about your income. Problem is, the IRS already has a lot of your info. Your best bet is to actually report what you owe EVEN if capital gains tax will take half.
The IRS will auto-audit anyone with X percentage increase in pay. You are literally flagged. This happened to me for a job a few years ago. I dont know what the percentage is but holy hell did it suck having to dive back into emails from years prior.
If the money is coming from a large corporation, there really won't be much of a problem as you basically have proof that you have a new well-paying job... But, if you're self employed or it's coming from investments in things like crypto you're gonna have to provide at least some evidence of all of your gains to make them go away.
This is an actual tip from an actual guy that got audited years after I filed and thought i was fine. I was able to not have to pay any penalties because I had evidence of the income, but if you're trying this with crypto I'd warn fellow burgers to not try and beat the system.
My best advice is to make sure you back up your trade history on whatever exchange you're on and dont be greedy. If you're a burger like me, just pay your taxes... You don't want that sportscar to be repo'd because you're a fucking mong.
There's a reason a lot of burgers hold on to crypto for a year before selling. Look it up. There are a lot of young investors on biz, and you don't want IRS debt at a young age because you wanted a fucking stupid car.
be well frens
The money is siphoned off into the pockets of south american drug lords and kike bankers.
Military expenditure does not equal military power. Countless billions are wasted so private corporations can profit.
You are being raped so some jew can line his pockets. How does that make you feel?
i should add that the IRS will also auto audit anyone that reports X % increase in losses from the previous year. don't be stupid ya'll.
>he doesn't know coinbase reports anyone who sells $20k in one year
nice LARP
the irs and fbi are going to rape your ass with tax evasion and structuring charges. enjoy your time in club fed.
Solid advice user.
With that said the IRS and the government as a whole is an evil bloated monstrosity, and I unironically pray I live long enough for the one day when crypto does eventually reach reserve currency levels of adoption, just to be able to see these public servant cockroaches living in cardboard boxes where they belong.
>doesn't understand the MI complex
>spouts off peusdo-edgy 11th grade level talking points
>withdrawls from coins base to avoid the IRS
IRS is not even listed on coinbase THIS POST IS LARP
If I invest $10k in crypto and lose 50%, do I still have to pay capital gains on the remaining $5k when I withdraw, even if it's a loss?
>pay gains tax
>gains
>on a loss
user
I just went back in too lol. Bought ETH and XRP at the perfect time
cashed out at the perfect time too, i'm pretty good at this