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I've made like 130 trades on 8 different exchanges getting

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  3. I've made like 130 trades on 8 different exchanges getting
Thread replies: 4
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Anonymous
2017-09-07 02:30:16 Post No. 3374188
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Anonymous 2017-09-07 02:30:16 Post No. 3374188 [Report]
I've made like 130 trades on 8 different exchanges getting initial Bitcoin from coinbase, atms, and local btc. How the fuck am i supposed to calculate how much I owe in taxes?
>>
Anonymous 2017-09-07 02:31:16 Post No.3374200
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Anonymous 2017-09-07 02:31:16 Post No.3374200 [Report]
you can't. and you don't have to. it's all bullshit. just record how much fiat you spent and how much fiat you get when you cash out. subtract and get your gains / loss.
>>
Anonymous 2017-09-07 03:09:46 Post No.3374541
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Anonymous 2017-09-07 03:09:46 Post No.3374541 [Report]
File: fuck.jpg (58KB, 782x778px) Image search: [Google]
fuck.jpg
58KB, 782x778px
>>3374200
This

Anyone who thinks the IRS has the resources to accurately track tax owed on everyone's individual inter-coin trades is a paranoid schizophrenic.
>>
Anonymous 2017-09-07 03:45:28 Post No.3374859
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Anonymous 2017-09-07 03:45:28 Post No.3374859 [Report]
>>3374188
Just don't cash out
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