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You will never get fucked by crypto taxes *unless* you cash out to your bank

And even then, it's only a question of short-term vs long-te...
razzmatazz lodge jew
  11/02/18
Could Deposit into your bank slowly/gradually in increments ...
Crawly blue stead
  11/02/18
If you’re doing this to avoid taxes it’s an even...
mahogany underhanded wagecucks deer antler
  11/02/18
It would be incredibly easy to just flag every Gemini/Coinba...
razzmatazz lodge jew
  11/02/18
10k is the number for USD:USD transacions. The pool of crypt...
razzmatazz lodge jew
  11/02/18
There is no way to spend it
cerebral indecent boltzmann
  11/02/18


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Date: November 2nd, 2018 7:42 PM
Author: razzmatazz lodge jew

And even then, it's only a question of short-term vs long-term cap gains. Like say you turned $50k until $1 million in the last year, and cashed out $500k. The $500k will be flagged by no more and no less. The IRS excels at matching number X with number Y; they don't care what's in your bloody fake internet money wallet. Discuss.

(https://autoadmit.com/thread.php?thread_id=4121634&forum_id=7#37147560)



Reply

Date: November 2nd, 2018 8:06 PM
Author: Crawly blue stead

Could Deposit into your bank slowly/gradually in increments less than 10k. Your bank won’t give you away to The irs unless your deposits are over that. Not legal advice because this would be illegal obviously

(https://autoadmit.com/thread.php?thread_id=4121634&forum_id=7#37147683)



Reply

Date: November 2nd, 2018 8:16 PM
Author: mahogany underhanded wagecucks deer antler

If you’re doing this to avoid taxes it’s an even worse idea. Not only is it illegal to structure transfers in quantities of 10k or less to avoid taxes/penalties, but there is software every bank has that would easily detect it.

(https://autoadmit.com/thread.php?thread_id=4121634&forum_id=7#37147734)



Reply

Date: November 2nd, 2018 8:24 PM
Author: razzmatazz lodge jew

It would be incredibly easy to just flag every Gemini/Coinbase transfer in imho.

(https://autoadmit.com/thread.php?thread_id=4121634&forum_id=7#37147778)



Reply

Date: November 2nd, 2018 8:23 PM
Author: razzmatazz lodge jew

10k is the number for USD:USD transacions. The pool of crypto bros to make an example out of is much smaller. Just claim everything transferred to a bank. The ballsy part is if you claim it as long-term capital gains if you traded.

The better idea is to just find a way to launder/spend it.

it's fuckin currency ffs.

(https://autoadmit.com/thread.php?thread_id=4121634&forum_id=7#37147775)



Reply

Date: November 2nd, 2018 9:08 PM
Author: cerebral indecent boltzmann

There is no way to spend it

(https://autoadmit.com/thread.php?thread_id=4121634&forum_id=7#37147941)