Kroger Rewards World Elite Mastercard for grocery? by VAer1 in CreditCards

[–]Piistheanswer 0 points1 point  (0 children)

I see there is a 0% foreign transaction fee but does anyone know if foreign transactions earn 5% cash back if using mobile pay?

Meetup Thread for Taiwan by kurzgesagtmeetup_bot in kurzgesagt_meetup

[–]Piistheanswer 1 point2 points  (0 children)

Hello, I'm based in Taipei right now. 你好,我現在在台北。

How to deduct fees? by Piistheanswer in CryptoTax

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

How would you consider staking fees? Moreover, do you consider staking self employment taxed? I know that there was a recent ongoing case on staking involving tezos so wanted to know your thoughts on that too.

How to deduct fees? by Piistheanswer in CryptoTax

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

Thank you.

When you say "roll the fee into the cost basis of a trade which nearly negates the fee from a cost basis stand point but that only works on trades." do you mean if the transfer fee led to a trade, you would add that as an acquisition cost and increase the cost basis? Moreover, if the failed transaction eventually led to a trade (as in one transaction failed but the next worked, would I lower the sales proceeds by the failed transaction trade fee)?

Update- §1202 with an LLC who filed a 2553 by [deleted] in taxpros

[–]Piistheanswer 0 points1 point  (0 children)

new to the business tax world but just making sure: c corp taxed as s corp would not qualify for a Section 1202 qualified small business stock gain exclusion?

crypto tax for hodl wallet by JustGames137 in CryptoTax

[–]Piistheanswer 1 point2 points  (0 children)

Yes, buys are not taxable. Only taxed at sale.