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So if I bought ETH in March '17 and then converted it to scamcoins in October

and then my scamcoins mooned long term cap gains as of March...
turquoise lascivious trust fund
  01/09/18
No you have to wait until October now.
brindle balding dog poop garrison
  01/09/18
starting as of 1-18 but since the coins were like-kind excha...
turquoise lascivious trust fund
  01/09/18
I want you to be right, but link to legit source saying coin...
Rough-skinned disrespectful personal credit line
  01/09/18
can you link to a legit source saying they aren't?
Titillating Toaster
  01/09/18
you can try it if youve got chutzpah. say flipping eth to sh...
Titillating Toaster
  01/09/18
well i'll just have to deal with that when doing taxes next ...
turquoise lascivious trust fund
  01/09/18
it's stupid b/c until there's a good FIAT->altcoin exchan...
narrow-minded gay theater affirmative action
  01/09/18
What are the chances of getting audited and what are the pen...
Talking locale
  01/09/18
almost non-existent and i don't know. the real fear is if th...
Titillating Toaster
  01/09/18


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Reply

Date: January 9th, 2018 10:42 AM
Author: turquoise lascivious trust fund

and then my scamcoins mooned long term cap gains as of March 17?

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116640)



Reply

Date: January 9th, 2018 10:44 AM
Author: brindle balding dog poop garrison

No you have to wait until October now.

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116661)



Reply

Date: January 9th, 2018 10:51 AM
Author: turquoise lascivious trust fund

starting as of 1-18 but since the coins were like-kind exchanges in 2017 then should be long-term cap gains now right?

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116724)



Reply

Date: January 9th, 2018 2:30 PM
Author: Rough-skinned disrespectful personal credit line

I want you to be right, but link to legit source saying coins were LK in 2017?

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118015)



Reply

Date: January 9th, 2018 2:37 PM
Author: Titillating Toaster

can you link to a legit source saying they aren't?

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118073)



Reply

Date: January 9th, 2018 10:51 AM
Author: Titillating Toaster

you can try it if youve got chutzpah. say flipping eth to shitcoin was a like kind exchange and that you effectively held the same investment until now. the irs hasn't said whether or not this is ok and the new tax law isn't retroactive on this point (I think).

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116727)



Reply

Date: January 9th, 2018 10:55 AM
Author: turquoise lascivious trust fund

well i'll just have to deal with that when doing taxes next year. Got a lot of time to figure it out

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116750)



Reply

Date: January 9th, 2018 12:04 PM
Author: narrow-minded gay theater affirmative action

it's stupid b/c until there's a good FIAT->altcoin exchange, you basically can only get shitcoins via "trading" with BTC and ETH.

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35117143)



Reply

Date: January 9th, 2018 2:32 PM
Author: Talking locale

What are the chances of getting audited and what are the penalties for omitting crypto gains?

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118025)



Reply

Date: January 9th, 2018 2:33 PM
Author: Titillating Toaster

almost non-existent and i don't know. the real fear is if the irs makes the exchanges hand over all their records and finds you out that way. otherwise the irs might not even find out about these trades if they audited you

(https://autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118036)