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RE: Crypto Taxes in the U.S.

in #taxes7 years ago (edited)

If you're not a lawyer or an accountant - have you considered becoming either - never too late (plus, you'd get paid a lot more than my $.10 upvote lol).

Ug. FML on the holding, that's fucking depressing. (Shit...is that what I'm supposed to do with stocks/investments too, pay on gains even if I don't realize them? not offended if you opt out of that question lol...(update answer to my own Q: it's complicated and varies on the type of security held, turnover,etc. The character of blunderbabe loves Vanguard index funds like VTSAX , a relatively tax efficient investment. Relatively does not mean tax free...)

NY State sucks. If I was a NY state resident, and a real human being instead of the fictional crypto owning character i'm playing on Steemit - a VPN still wouldn't help when it came to the ID And all that...at least for the exchanges (or bitcoin IRA type firms) that are based in the USA.

big sigh. You are my personal bad new bear :-P