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25257508 No.25257508 [Reply] [Original]

>buy various stacks of shitcoins, eventually consolidate gains into BTC and LTC
Will IRS jew me?

>> No.25257896

You'll pay gains on the shitcoins and the blue chips but fundamentally you're still just paying on gains

Now if you get audited, pbuh, that's when you're not going to have fun

>> No.25258002

>>25257896
I have less than 6k in crypto, haven't cashed out any. Only gains are BTC price and couple hundred on XRP and like a hundred on the graph. Do I just put it on my 1040?