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RE: Crypto Taxes in the U.S.

in #taxes7 years ago

You really think they are going to try to go all the way down to trade for trade? I kind of figured it would be an over amount of what you actually pull out of the market, i didnt get think u got charged a tax as long as it still was in the market. Only capitol gains on what you pull out.

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That's the assumption that many of us had until this document was released and the law changed. I think of this as the Patriot Act of crypto. They made it vague enough and thorough enough to basically "legally" tax you whatever they want.

Those sneaky basturds.. Looks like im moving to a country with no taxes this year! Lol

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