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25149374 No.25149374 [Reply] [Original]

i just learned that crypto t crypto transactions are taxable events even if i never cashed out to fiat
i'm actually having a panic attack now
what the actual fuck why didn't you warn me before i made 1000s of trades on shitcoins without even keeping track

>> No.25149383

>>25149374
We did, and this is a weak bait thread

>> No.25149391

>>25149383
This.
You're a better off making a Nigger hate thread if you want the (You)s

>> No.25149393

they're gonna take half your imaginary money away.

>> No.25149882

>>25149374
It's not a taxable event. You just have to DECLARE it as an event that happened -- that you moved an asset. You basically just have to show the govies what your widdle ganiny wainies are and your lossy wossies are and at the end of it all for every 4 pieces of chicken nuggets you get, some persn gets 1 nugget or a drone bombing.

>> No.25149937

>>25149882

it's a taxable event in aus and you can only write off a tiny amount as losses. i'm not OP but i am also fucked. just hoping i make it this bull run so it won't matter

>> No.25149957
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25149957

>>25149374
HAHAHAHHHAHAHAHA
same tho

>> No.25149979

>>25149937
desu if none of us paid, they couldn't force us to.

>> No.25150023

>>25149937
Sorry for this. Jesus christ. Should I just buy a vacuum container and mail you somw cocaine double vacuum-sealed inside some sort of a legacy VCR? It gets more real every day.

>> No.25150040

>>25149374
Don't care, not reporting, I threw out the money anyways, if they want me they know where to find me, but I won't give them anything

>> No.25150121

>>25149374
No one is going file in 2021. We've collectively decided. It is voluntary and besides if biden takes office whats he gonna do?! No one will back him up after more lockdowns.

>> No.25150160

>>25150023

thanks for your pity anon. the australian government is a bunch of cunts

https://micky.com.au/australian-crypto-tax-shocker-100000-bill-on-20000-worth-of-coins/

>> No.25150195

>>25150160
>https://micky.com.au/australian-crypto-tax-shocker-100000-bill-on-20000-worth-of-coins/
holy fuck what

>> No.25150204

>>25149937
I lost 30k due to all the scam wicks yesterday, surely I can write all this off? I'm going to do my crypto taxes next year and I've been holding since 2017

>> No.25150258
File: 34 KB, 420x391, 1607880709316.jpg [View same] [iqdb] [saucenao] [google]
25150258

>>25150040

>> No.25150315

>>25149374
merry xmas, you american faggot

>> No.25150353

How do you even pay crypto taxes?

>> No.25150356

>>25150353
with wagie money