>Be me
>Get into crypto Sept 2017
>Sell BTC at $19,650 a coin for ~100k in profits on December 22, 2017
>Put it all into BCH at $3650
>By January all profits are gone
>IRS wants taxes on that 100k that disappeared within weeks of the new year
>Still holding at a massive loss
Can anyone possibly be more JUSTed than me
pic unrelated
I didn't know you still owe when you take a loss like that. Damn.
You burger cunts deserve it though, with your years of arrogance you brought this on yourselves.
Enjoy your freedumbs
There really wasnt any clarity from the government on whether crypto to crypto trades were going to be taxed until like April either then they like yeah well bad luck you owe us now, fucking cunts. I nearly had a nervous breakdwon until I sorted out all my trades and realised I was going to be ok.
>>Put it all into BCH at $3650
seriously, why
fucking WHY
if you do it across different tax years you do, he basically unwittingly gambled money he owed to the government and lost it all, again there was no fucking clarity and they should be saying just pay on what you cashed out in 2018
GOOD. The fewer Yanks outside of debtors prison the purer this board will be
Take out a loan and start paying your back taxes retard.
Any retard with a small amount of life experience would know crypto to crypto trades were going to be taxable. If you weren't sure then you should have checked and not gambled you clown.
I bet you like cuckold too.
lmao i did the same, had to borrow from my brother but at least this year ill get some back (1/3) from the reported losses in 2018
I'm sorry for you op, fuck the state
Pay your taxes next time, asshole
i love these threads where we all pretend that we all plan on paying crypto-crypto trade taxes and that its totally not 100% avoidable
nufags are not welcome, read these threads and get scared by how much tax youll "have" to pay
are people like you serious or trolling?
Because I bought BCH at $3000 - only 0.1 though.
The flippening threads were real, BCH solved the scaling problem (or so we thought)
>wtf my income can be taxed how was I supposed to know that???
Maybe by education, retard.
do you suffer from aspergers syndrome?
Sell the bch you dumbfuck, then the market loss counterbalances
>we
For real. I haven't cashed out to fiat aside from initial investment. Fuck declaring crypto-crypto trades.
Also used a foreign passport (Burger abroad) for all KYC processes.
You didnt cash out yet so you don't owe anything... is this a larp?
>he thinks calvin and rogers paid shills were legit
>he bought their bags
you’re literally no better than a pajeet
Do you suffer from antisocial personality disorder? You know you are a criminal, right?
>crypto to crypto trades were going to be taxable.
literally how?
most cryptos arent even US-based
0.1 BCH that I then put into LINK in October 2018
>he bought their bags
Wow, so heavy, much hurt