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/biz/ - Business & Finance


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15906907 No.15906907 [Reply] [Original]

Uhhh guys, I just made 3 Chainlink swinging.

>> No.15906920

impressive, very nice.

>> No.15907051

>>15906907
remember to pay taxes

>> No.15907076

fuckin noice

now you owe the IRS 5 LINK

GOOD JOB IDIOT

>> No.15907121

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>> No.15907125

>>15906907
So you were swinging what, 100 LINK? You made $7 worth of LINK but now you owe 30% tax on that whole stack, so $70 or so.

You made $7, but you lost $70. This is why swingies always lose.

>> No.15907129

??? like on a rope or what ???

>> No.15907132

>>15907125
burgers*

that's why burgers always lose

>> No.15907144

>>15906907
That will be 35% of your profit for the feds.
>>15907125
Yeah but $1000 eoy.

>> No.15907167

>>15907125
WTF! What kind of clown world are we living in?

>> No.15907175

guys i have 1.87 chainlink will i make it?

>> No.15907177

>>15907175
1.87 million EOY

>> No.15907255

>>15906907
Next Warren Buffet over here

>> No.15907346

>>15906907
Now that you did it once you've developed a taste for it...

Your stack is as good as gone, fren.

>> No.15907378

>>15907144
>>15907125
How does crypto profit tax work in burgerland? Do you reoort your earnings from it and they take it after tax filing?

>> No.15907529

>>15907378
You have to report all your swinging profits at the end of the year or they hit you with tax evasion.

>> No.15907577

>>15907378
Every time you sell, you create a taxable event where you are taxed on profits from the sale. Same as stonks or any other kind of capital gains.

>> No.15907785
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15907785

>>15907577
or MAYBE not everyone is living in a maximum cuck country and only pay tax when converting to fiat ?
hahahahahahaha the absolute state
enjoy your 'free country' retards

>> No.15907828

>>15906920
Lets see Paul Allens swings

>> No.15907885

>>15907577
>>15907529
Even if theyre small profits? Say less than 500 bucks?

>> No.15907987

>>15907885
I believe the first 10k each year is exempted