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/biz/ - Business & Finance

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26727516 No.26727516 [Reply] [Original]

YOU RETARDS DO KNOW YOU /WILL/ OWE TAXES ON GME, RIGHT?

>> No.26727667

>>26727516
>YOU retards
You should go post this on Reddit, not 4chan.

>> No.26727820

>>26727516
>oh fuck not the 15% capital gains tax on my 30x!
>this changes everything!
You're coping.

>> No.26727848

>>26727516
imagine not having a Tax Free Account to hold GME in LMAO

>> No.26727968

wait, you get TAXED on profits?? im up like 237k right now. i have literally zero dollars right now i went all YOLO in. am i fucked?

>> No.26728016

>>26727516
Reported for underage you stupid fucking virgin. Learn how capital gains taxes actually work because it's barely even worth considering.

>> No.26728226

>>26727968
yes its over, your financially ruined

>> No.26728368

>>26727516
what happens if I sell frriday morning and immediately invest in AMC and NOK?

>> No.26728452

no shit retard. what is this, baby's first step into capital gains?

>> No.26728509

>>26727968
No. When you realize your gains, set aside a % for the big guy and enjoy the rest

>> No.26728582

>>26728509
10% for the big guy.

>> No.26728593

>tax exempt account
>transfer excess to BTC/pms
>write it all off as a loss
The IRS now owes me $1000

>> No.26728679

>>26727516
ftx.com brainlet

>> No.26728696
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26728696

>>26727516
oh no the 200k I made today is worthless because I have to pay taxes

>> No.26729003

>>26727516
>tfw citizen of Liechtenstein living in Switzerland
Can somebody please explain to me what this "tax" thing is? Can you buy coke with it after you make sick gainz tanks to American hedge fund babbies getting assfucked?

>> No.26729126

>>26728582
90% for you

>> No.26729607

Where do I get a tax free account?

>> No.26729640

>>26727516
Did you just find this out, anon? We've been discussing CG on /biz for ages. Pay attention!

>> No.26729701

>>26727516
It's not about the money. It's about the message.

>> No.26729753

>>26727516
I pumped my whole Roth account into it

>> No.26729754

>>26729003
post portfolio

>> No.26729869

>>26729607
ask your female broker

>> No.26729902

>>26727516
Not if I hold. Also aren't most investment accounts tax free until you actually take the money out to use it?

>> No.26729931

>>26727516
>OH NOOO, INSTEAD OF $10MILLION IN GAINS I'M ONLY GOING TO GET $8MILLION
stfu retard

>> No.26730067

>>26727516
We are not selling

>> No.26730094

>>26729003
post lcx stack

>> No.26730157

NOOOOOOOOOOOOOOOOOOOOOO I HAVE TO PAY 4 DOLLARS!!!!

>> No.26730316

>>26727968
If you sell it within a year of acquisition, the tax is higher, but it's basically taxed as normal income. You'll have to file a 1099-INT in 2022. So, don't spend it all.

>> No.26730318
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26730318

>Not me
Go back
We are the DMG board, not gme

>> No.26730448

>>26727516
>>26727968
You faggot OP this is an ID board way to out yourself retard self replying fuck

>> No.26730608

>>26727516
and everyone knows that taxes are in excess to your profit

>> No.26731430
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26731430

>>26727516
>RothIRA
DUMPING MY GAINS INTO THE NEXT ROCKET GROWTH STOCK!! TAXES CAN SUCK MY FRONT BUTT!!

>> No.26731596

>>26727516
I will let my peasant accountant handle such matters

>> No.26731835

>>26727516
>>26727968
samefag

>> No.26731922

>>26727820
Much higher than 15% for short term trade

>> No.26732138
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26732138

>>26727516
>be me
>dont hang out on reddit
>dont invest in crypto or stocks
>all my money in my bank account
>tfw don't owe capital gains taxes
>tfw not going to be investiigated by the FBI for stock manipulation
feels good man.

>> No.26732214

>>26727516
not when you NEVER SELL

>> No.26732238

>>26732138
All the FBI does is sting op white people.

>> No.26732267

>>26731922
NYcucks need not reply.

>> No.26732271
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26732271

>>26727516
>paying taxes
Kek

>> No.26732341

>>26727516
No I won't.

>> No.26732377

>>26731922
depends on how much $$ was made faggot. just look up capital gains rates.

>> No.26732433

>>26727516
>>26727968
Whoa, buy signal

>> No.26732437

>>26727968
SAMEFAG LMAO

INTENSE LEVELS OF COPE

JUST BOUGHT 10K MORE GME GL

>> No.26732521

>>26727516
there is no capital gains tax in my holy based country

>> No.26732528

>>26727516
Not if you're a poutine eating, maple syrup drinking Canuck. We have tax free savings account bitch

>> No.26732571

>>26727968
shameless kike

>> No.26732587

>>26727516
Not after we hold a "protest" at the IRS building.

>> No.26732591

>>26731922
only gains are taxed
so are you implying I should refrain from making gains because of taxes?

>> No.26732637
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26732637

>>26727516
80% of something is better than 100% of nothing

>> No.26732666
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26732666

>>26727968

>> No.26732692

>>26732437
right. these fucking mad boys. OH no what do i do when i have to pay tax on my 50k gains. i guess ill just fucking pay the tax and move on with all my fucking money

>> No.26732721

>>26727516
I owe millions in taxes. tax evasion is a joke and so is the IRS. dont fall for the memes. imagine the sheboons at the dmv trying to figure out where you moved money. thats the IRS, and they are only getting more retarded as the fedgov gets browner and gayer.

>> No.26732726

>>26727516
>>26727968
>they aren't sending their best

>> No.26732755

>>26730316
Capital gains is not normal income and 1099-INT is for interest only.

>> No.26732770

>>26732377
Any profit taken on stocks you hold for <1 year is taxed as income

>> No.26732870

>>26727516
dumbfuck doesn't know what a roth ira is?

>> No.26732946

>>26727968
>>26727516
Kikes are in overdrive right now

>> No.26732998
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26732998

>>26727516
>>26727968
IDs
when will they learn, /biz/?

>> No.26733046

>>26727516
not if i buy bitcoin and encrypt the private key i dont

>> No.26733086
File: 421 KB, 244x240, kek.gif [View same] [iqdb] [saucenao] [google]
26733086

>>26727516
OHHHH NOOOO... I HAVE TO PAY TAXES!!!!

I'M SCARED!!!!

>> No.26733193

>>26727968
>>26727516
if you kill yourself the irs can't collect, I read that somewhere. maybe it was your future suicide note

>> No.26733290

>>26727968
>>26727516
Kike faggot. The goyim win

>> No.26733627

>>26727968
Fucking samefagging kike

>> No.26733923
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26733923

>>26727516
>>26727968
>all of this happening on holocaust rememberance day

>> No.26734209
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26734209

>>26727516
>>26727968
Scared hedgie?

>> No.26734340
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26734340

>>26730448
inb4 [pic related]

>> No.26734716

DO YOU RETARDS UNDERSTAND WHAT YOU AND REDDIT HAVE DONE? I WAS NOT AWARE OF ID TAGS ON HERE. I AM HERE INVESTIGATING SOCIAL MEDIA AND FORUMS FOR THE SEC. YOU MAY HAVE JUST CAUSED A MASS CASUALTY EVENT OF HIGHER MAGNITUDE THAN YOU UNDERSTAND . THIS IS UNACCEPTABLE . YOU WILL PAY.

>> No.26735052

>>26727516
did it all with my TFSA; revenue canada should be pissed, but there is legally nothing they can do.

>> No.26735164

>>26734716
fuckoff boomer

>> No.26735171

>>26727516
I can feel your fear

>> No.26735398

>>26727968
>Il4FkpvR
lelelelelel
Get fucked, kike

>> No.26735530

>>26727516
35 percent but that's assuming I'm taking it out and that's assuming I don't wait a year for capital gains tax.
Fuck off.

>> No.26735685

>>26727968
kek

>> No.26735724
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26735724

>>26727516
All my GME gains are locked into a Roth, nice try

>> No.26735813
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26735813

>>26727516
Sorry newfag, I locked in my GME and AMC

>> No.26735862
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26735862

the new FUD is "you will owe taxes"

>> No.26736998

>>26734340
one day i’m going to take a vacation to israel and spend the whole thing shitposting all over /pol/

>> No.26737594

>>26727516
Only if I'm an amerimutt

>> No.26737885

>>26734716
Shiet.

>> No.26737955

>>26727516
>40% cap gains on money you didnt even have before
oh no, what am i going to do with the extra 40k i fucked melvin capital out of?

>> No.26738244

>>26734716
yeah hahah it was funny the first time, but we're sitting on the thousandth time today. give it a fucking rest

>> No.26738372
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26738372

You retards do know that you don't have to report income if the trade was under $1, right? so just do all your trades in $1 increments and ;you don't have to pay any taxes its that easy
i put 50 dollars into the app this morning and bought in $1 amounts. and I'll take it out the same maybe across 5 different accounts

>> No.26738404

>>26727968
the Jew always takes a cut

>> No.26738475

>>26737955
it's only 30%, becoming 15% after 1 year. hope you clear well friendo

>> No.26738651

>>26732666
check'd, satan. Begone kike, your master has spoken through /biz/

>> No.26738820

>>26727516
Yeah they already take taxes out of my pay checks so I expect them to with this as well

>> No.26738858

>>26727968
>>26727516

>> No.26739635

>>26727516
Roth. Get fucked cunt

>> No.26740417

>>26734716
Hahahaha!

>> No.26741158

I didnt invest because i saw it was a bit complicated with taxes because im in the uk, kinda feel bad but better safe than sorry

>> No.26741412

>>26739635
based

>> No.26741520

>>26727516
yeah, you're right, i'd rather just never win a million dollar lottery than pay taxes on winnings

>> No.26741573

>>26727516
around 50% and if they dont pay they owe 100% lol

>> No.26741592

>>26739635
Okay, but are your older than 59 1/2?

>> No.26743094

>>26741592
No, but it doesn't matter. With the other stuff, I cash out less than 40k LTCG a year, with that being my only income. What bracket is that? 0%

>> No.26743393

>>26727516
>>26727968
>>26734716
ok

>> No.26743485
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26743485

>>26727516 (OP)
>>26727968
>id
What'cha doing rabbi? Run out of children to eat?

>> No.26743714
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26743714

>OP is the kind of person to turn down a bonus becuase it puts him into the next tax bracket
LOOOOOOOL GENIUNE FUCKING RETARD

>> No.26744821

Nah, I'll just write it off as losses.

>> No.26745470

>>26727516
And? What's your point?
>haha losers you only made slightly less money than gross, just like everything else you've ever earned! You fools, you fell right into the trap!

You're just seething because either you're working for the company that got what was coming to it for promising to sell more of a stock than fucking exists, or because you didn't buy when you could.