how do u legally do taxes after you make $7000 on crypto. Really

>>2411988
>Really need to know if I need to document all of my purchase records or all of the trades I made
all trades, whether from fiat to crypto or from crypto 1 to crypto 2

>>2412065
This is wrong. You just have to record the profits you made in fiat. Nobody cares that you bought 1 eth at $50, then sold to buy bts, then sold to buy bitbean, etc.

Get ready for uncle sam to steal 30% of your profits

File: alexjones.jpg (229KB, 1037x583px) Image search: [Google]

229KB, 1037x583px

Get ready for the libtard cucks to rape your wife and take 90% of your money to spend on filming CU CK pornography in Africa with your WIFE so that LIBTARD WHITE GENOCIDE uh... GLOBALIST GEORGE SOROS... ECONOMIC MIGRANT MUSLIM HORDES OF 1776 WILL RISE AGAIN! (also you won't be able to fuck your sister/brother, sorry)

The only time you should tell (((them))) abput ur gains is a life changing cashout..

Everything else dont let the jews get their cut. Only cucks pay taxes.

>>2411988
newfag here.
Is there are relatively save way to avoid taxation on crypto gains (especially in the EU)? And if yes, is there a good tutorial/guide on such a method somehwere on the interwebs?

>>2413635
IRS just put you on a special watchlist for this post

>>2413660
Fuck IRS, Im not a burger

>>2413635
i think if you have a lot of gains, think about millions plus
In this case it could be a smart move to go live in a country that has cheap tax laws and after legally being a citicin their you can unload your crypto money !
Dont try to avoid taxes, if they catch you which they will you have to pay alot more

>>2411988

Give it to your wife. The irs cant touch 1 cent upto a 20.000 one time gift.

>>2413719
The IRS communicates with all the tax organizations around the world to ensure that international jewry always gets its due.

>>2413869
thx for the reply.
> if they catch you which they will you have to pay alot more

yeah if...I got the impression that you can avoid being caught well and be pretty safe cause the tax revenue services are not very well into cyber at this point.
I could be wrong though, its just what Im got from reading today about it on here and different forums...

>>2413869

Bizarre to me people would rather go live in a 3rd world shithole and risk getting kidnapped then just pay your fucking 20% out of millions to the government and move on with your life.

Trust me you'll make it back fast once you hire a financial adviser and join the "accredited investor" club.

I'm in UK and a part qualified accoutant, I'm fairly what you'd declare is capital gains tax on the amount you profit on your self assessed tax return in April

Does it matter if it's only a thousand or so dollars or are they still gonna rape my butt for not reporting that

>>2414050
This is the non-meme answer, but no one is going to care because /biz/ wants the taxman to fuck them hard

>>2414121
Capital gains usually only starts to kick in when you make over $4000 in a year iirc, but I'd still report it and pay the tax anyway. You'll probably get more back in your return then you'd spend in taxes anyway.