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Different tax

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Thread replies: 6
Thread images: 2

Anonymous
Different tax 2017-08-19 12:20:18 Post No. 3121157
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Different tax Anonymous 2017-08-19 12:20:18 Post No. 3121157 [Report]
Will I be taxed differently whether I buy and hold or day trade?
>>
Anonymous 2017-08-19 12:23:58 Post No.3121196
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Anonymous 2017-08-19 12:23:58 Post No.3121196 [Report]
>>3121157
Yes you're taxed on every transaction. Crypto are treated like securities now. If you hodl you can step away for the screen for a few days and also not have to pay capital gains taxes next year.
>>
Anonymous 2017-08-19 12:31:17 Post No.3121277
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Anonymous 2017-08-19 12:31:17 Post No.3121277 [Report]
>>3121196
Ty anon. Do you have to hold for a year to negate capital gains?
>>
Anonymous 2017-08-19 12:36:15 Post No.3121322
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Anonymous 2017-08-19 12:36:15 Post No.3121322 [Report]
>>3121277
Depends what income bracket you fall into

https://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States
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Anonymous 2017-08-19 12:38:27 Post No.3121346
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Anonymous 2017-08-19 12:38:27 Post No.3121346 [Report]
>>3121322
You da best, thank you!
>>
Anonymous 2017-08-19 01:02:37 Post No.3121619
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Anonymous 2017-08-19 01:02:37 Post No.3121619 [Report]
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So I have a similar question...

Im in the US now trading shit coins

I wanna gtfo of tthis country soon anyway

If I waited until moving to Canada or the UK to cash out my crypto, could I avoid the taxes on trades and just pay the capital gains?

I think i would technically owe money to the US, but fuck em
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