Originally Posted by
Sanlmar
There is an estimated $25 billion dollar tax liability on crypto gains in the US. The IRS has made clear they are going to get theirs.
There is the argument being made this current downdraft is partially due to selling by exchanges and individuals to free cash to pay the man.
Snake, your return must have looked like the Manhatten phone book.
Years and years ago, I went to HR Block on April 14th. This was before electronic filing, I think. Every single day trade I made and the gain or loss was printed. I swear I had to mail the damn return in a box.
I never used Coinbase so a big FU to the IRS. Come and get me.