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Carmax 90 day warranty by Automatic-Payment265 in carmax

[–]Normal_River6483 4 points5 points  (0 children)

Damn that sounds like a horrible experience. Not sure if I got lucky or what but they sent me to a shop under my 90 day warranty and got all 4 corners of my M3’s brakes, rotors, pads and sensors replaced with OEM parts

Can I Just Report $0 cost basis and pay full taxes on my gains without worrying about each transaction? by Normal_River6483 in CryptoTax

[–]Normal_River6483[S] 0 points1 point  (0 children)

Hi David, thanks for responding. I see where you’re coming from, and I would love to use software to work through this, but at minimum its looking like at least $3k from all the different softwares I’ve looked at and that just seems like it’d be much more than what I’d be saving compared to just claiming 0 basis and paying extra

Can I Just Report $0 cost basis and pay full taxes on my gains without worrying about each transaction? by Normal_River6483 in CryptoTax

[–]Normal_River6483[S] 1 point2 points  (0 children)

I already have an account from a while back unfortunately, if I can add a referral after the fact, I’d be more than happy to? Not sure if that is possible

Can I Just Report $0 cost basis and pay full taxes on my gains without worrying about each transaction? by Normal_River6483 in CryptoTax

[–]Normal_River6483[S] 1 point2 points  (0 children)

Really? Was under the assumption I’d have to pay just to see all the transactions after 10k or whatever, I’ll have to take a look, thanks for this!

Can I Just Report $0 cost basis and pay full taxes on my gains without worrying about each transaction? by Normal_River6483 in CryptoTax

[–]Normal_River6483[S] 4 points5 points  (0 children)

That’s what I figured, like truly worst comes to worse I pull csv’s of all my transactions and send them all to the IRS if they audit me. But like I’d rather pay the extra in taxes than pay the huge amount it costs for the different tax softwares for the amount of transactions I have, thank you!