>mfw still haven't found an accountant
>mfw i started with $5,000 and had $90,000 at the end of the year 2017
>mfw filing for an income tax extension and giving the government $24,000 while I continue to procrastinate filing the return
Mfw still haven't found an accountant
Connor Scott
Hunter Flores
>paying taxes on crypto
pls dont tell me youre this retarded
Andrew Sanders
How to dodge them... go on
Aiden Young
Sell youre crypto for cash then slowly slip them into your bankaccount, pay everything cash, buy some gold cash. Tell your bank that you sold personal items on craigslist. $90,000 is not enough to make big waves
Daniel Rodriguez
>bought a few thousand in decembre that increased to double that until 1.1.2018
>have to fill out taxes for that and not idea of doing that
>bought more coins during february, march nad april
>they wil undoubtedly increase until eoy
>have to pay taxes on that
>want to hold all for at least one year to cash out tax free here in Germany
>gonna have to cash out coins earlier JUST TO PAY MY FUCKING TAXES
I want to kms so bad
I JUST WANT TO HOLD AND CASH OUT ONCE FUCK
Gabriel Myers
How do you sell for CASH?
Matthew Long
>mfw i have to file Report of Foreign Bank and Financial Accounts (FBAR) because i had over $10,000 on binance
what the fuck is the federal governments problem?
I don't even know where to start to find an accountant.
I don't want to hire some boomer who knows jack shit
Cameron Hall
kek, short-term capital gains tax should be abolished. it should all be one rate
the age of crypto has made such a distinction arbitrary
Justin Cooper
Don't claim them unless you cashed out. Coinbase reports to the IRS if you cash out. Other exchanges report nothing. Only idiots are paying taxes.
Mason Butler
But I need the money on my bank account.
I want to invest it to become financially independent.
And each year I hold, I have to pay taxes on it.
HODLING IS SUICIDE