I am going to be a bit delayed tonight. Having to do my taxes. Have to get some spreadsheets out.
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I am going to be a bit delayed tonight. Having to do my taxes. Have to get some spreadsheets out.
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Did you manage to get all records? It seems almost impossible !
And do we have clear guidance on Hive earnings or LPs earnings?
Thanks in advance if you have time to answer this as I have no clue
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The IRS treats that as earned income.
Well look at it this way, if it is impossible for you, it is going to be the same for them. lol
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You cracked me up there 😆😆😆.
So true, obviously 🙄
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I have no idea how my country sees all that... but since I only started earlier this year, I don't have to worry about it for now
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No problem T. We got this ;) You be the 'number' man for the night.
But I hate filling my taxes. It's an overhead and I always mess up. So I have to take external help everytime.
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Call a CA , there are 1 in every single road in India nowadays .
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Get away with taxes and we don't need them ever.
I hate CAs.
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Yes we do need to get away from them. That is why we need to start dismantling governments around the world. It will be a slow process but we can start it.
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I would love to see such a thing happen. Not sure what are the consequences of it. But we will make it.
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Taxes suck. I just get the documents ready and pay someone to deal with the rest.
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Me too. The easiest way out. 🤞🤓
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Yea, I've done that a few times but I promised myself I would do it this time around... I might regret it though because it's a huge pain
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I predict it will be annoying since you don't know all the neat tricks.
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With the damn Government and Fed printing money willy-nilly, why the hell do we have to pay taxes anyway? Someone should suggest this to Biden as a way to deal with all his troubles (lol).
And the money machines go whirrrr, whirrrr, whirrrr. What the hell's another 10 Trillion?????
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You bring up a very valid point. The Fed should generate direct funding of the government and taxes done away with. This would be very easy to do.
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Do you do it yourself?
Usually people here hire an accountant to help do that.
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I have an accountant but I have to draw up my trading stuff and itemize everything.
It is a major pain in the ass.
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I never needed an accountant because my annual salary never exceeded the ceiling, so I will definitely need one in the future. For what little I know about, it's really a boring thing to do.
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Very boring indeed! And there is also a lot of documents you need to check and numbers you need to fill in.
And the official software that the government provides suuuuuuuck lol
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lol
True, be patient.
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I don't want to be you right now...🤭
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Me and hundred of millions of other Americans. We usually do this in April but it was extended a month due to COVID.
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I have been mainly HODLing crypto so the trading isn't an issue. The rest comes prepared by the normal stock market and etc so there is less work to do.
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That happens when you are all over the place!
Man I am going to have a tough time doing it 😮
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I'm thinking about doing it myself this year... But I might regret this decision lol
It's such a pain
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It looks like there is an app to help. I don't remember the name but the people who are used to doing that use this app.
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CRAP
That reminds me I got to do the same! I guess it can wait a few more days, but the dreaded moment is near
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Taxation is a bit complicated and I always try to clear it on time with no delay at all. take your time.
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Oh man, not fun! Quick start with the comments might be able to move up a notch 😱 have fun my friend. It is definitely an annoying period.
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You giving the FEDS your money?! Lol,
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We always make sure to pay our taxes. The last thing you want is to end up in jail.
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Oh, I totally get this. However, in this part of the world, It is something that can be evaded easily.
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Let's make sure your federal government isn't watching you and start investigating lol. I think its fine to take advantage of loop holes if you understand the tax code but I would not purposely evade it.
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Can they task someone who is deemed unemployed? I don't think so.
The truth is the government cannot enforce strict tax policies in this part of the world, given the poverty rate and their level of incompetency, chances are that the masses will not compile.
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Maybe in your country but I wouldn't try in the US since the IRS are not fun to play around with. Especially if you taunt them like McAfee did.
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McAfee is a character...
you Americans are having a hard time in your country-better than us here though...
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That's how they got Al Capone! lol
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lol not anything illegal per se. the regulators are not strict. They are mostly corrupt, so they can't enforce much.
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Yea, unfortunately, we have to...
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Oh okay :p Good thing I don't have to pay taxes yet lol .
Is it too much ? Not the taxes , the procedure .
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I don't know how it is over there, but here it's a very long and boring process.
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Oh it's the same here . It is hectic . I think taxing is the one thing which unites every citizen around the world , we all equally hate it lol.
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