I fucked up and convert ETH to fiat on coinbase... It was under

yes you're going to prison

this isn't quora, go find a crypto faq and get the fuck off this board

>>2492761
How much is the tax anyway?

>>2492761
how much did you put in?
if you invested 1000 then you didn't really make any profit and you might not need to report it

spend it all on crypto and send it somewhere else

I haven't paid taxes in 10 years.
Recently I talked to a tax attorney about it.
His advice was to not worry about it until you get caught.
Unless you're buying yachts and shit no one will ever notice anyway and if they do, lawyer up and settle. You'll end up paying the same amount you would anyway so fuck it.

>>2492761
dude, you've made like 5 threads asking this...
If you've made a good amount of money it's worth spending a little on an accountant that actually knows his shit instead of asking randoms on the internet.

If you're in the US, you don't have to don't have to pay capital rape tax until you make gainz of ~30K

or alternatively if you're married it's ~70k. But that info is irrelevant to people on this board