If I withdraw 1000 dollars worth of crypto and don't pay

Yes, might as well kys now.

>>2437181
you would just pay a fine.

they dont give a shit about that tiny amount.
try to pay the tax though since the tax on such a small amount is tiny.

>>2437181
prison for 1000$ heh. i owe the IRS over 21,000 and they haven't even started wage garnishment yet.

>>2437181
Nobody gives a fuck about 1000 bucks.
My tax advisor told me even small five-figure sums would be almost irrelevant.

It woukd be more expansive to pay an irs investigation than what they would get. I owe the irs 18k and I never hear of them.

>>2437181
You don't pay them instantly the moment that you withdraw it. You are expected to report the gains when you do this years taxes (next year). It will come out of whatever refund you are supposed to get, and if it's more than the refund you'll have time to pay it off.

You do not have to report that small of an amount. Just like when you go to a casino, you dont have to report anything under 2k. You are talking pennies to the irs with this nonsense

>>2437181
You might get away with some small shit, but if you just pay the amount of tax that you owe, you'll never ever have to stress or wonder about it.

>>2437181
lol you'd be fine, no one cares about a few k. Higher 5-6 figure amounts are what would raise eyebrows.