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/biz/ - Business & Finance

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53250673 No.53250673 [Reply] [Original]

Are you reporting crypto gains on your 2022 taxes?

>> No.53250683

>>53250673
What gains? Lol

>> No.53250709

>>53250683
/thread

>> No.53250728

>>53250673
>Gains
AHAHAHHAHAHAHAHAHAAHAH

>> No.53250730

>>53250673
fpbp

>> No.53250740

>>53250673
What’s crypto ?

>> No.53250745

Fuck no. I've been fudging the numbers since 2017. I've cashed out $150k in gains so far and set it up so I get a $1-3k refund each year..

>> No.53250746

>>53250673
How does $100k in loses sound Mr irs fag?

>> No.53250758

I have literally never reported anything in 5 years and nothing has happened

>> No.53250767
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53250767

>>53250745
>>53250758

>> No.53250789
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53250789

>>53250767
>he thinks I was playin

>> No.53250790

>>53250758
What cex are you cashing out through

>> No.53250811
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53250811

>>53250673
>missile launcher is a business expense

>> No.53251029

I lost -30k this year

>> No.53251135

>harvesting losses
>Like your mom's pusy
Ftfy

>> No.53252642

>>53250683
This

>> No.53252684

>>53250745
>>53250789
bro how do you do this? what if they ask for proof of funds/blockchain tx history etc?

>> No.53253765

>>53252684
>what if they ask for proof of funds/blockchain tx history etc?
They won't. But I'd be fucked if they did. I would claim ignorance and pay the tens of thousands in taxes that I owe.

>> No.53253774

>>53250673
No. They pay irs people to figure that out and I don't want to cost someone a job

>> No.53253790

>>53253765
hmm do you have any clue if its common for them to ask for that? think in case of AMLA suspicion you'll be forced to.

>> No.53253836

>>53253790
Probably but how often do you hear about the IRS going after crypto buyers? Barely. I researched on reddit and only saw 2 or 3 posts from people that use Coinbase that got audited. But I know Coinbase reports your buys and sells to the IRS and I use a different exchage.

>> No.53254189

>>53253836
I see. When you offramp crypto are you doing it through P2P?

>> No.53254218

>>53250673
I made a lot shorting in early 2022 but lost a lot in FTX, how do I do my taxes?