>Massachusetts has a 12% tax on capital gains
This can't be right. Am I supposed to pay state taxes on my crypto too?
>Massachusetts has a 12% tax on capital gains
This can't be right. Am I supposed to pay state taxes on my crypto too?
Go to puerto rico to cash out, no income tax and no capital gains
And get stabbed
12% is nothing lmao pay your taxed you bum
Its another $2,100...
on TOP of the federal taxes... no way that is right... seems so high
That's a meme. If you were a citizen / resident of the US for any of the 10 years before you cash out, you still have to pay US capital gains.
lmao I'm not doing that. Whoever made those rules can unironically go kill themselves
Puerto Rico is part of the US.
Wait... did you move to Peurto Rico already thinking you can cash out tax free...