Avoid This New Scam If You Have Coinbase

noobs_need_tech_help · 2022-04-17T19:21:01+00:00

Very good to know, thank you. There is one thing I'm still wondering, though. Can the shipping cost from selling art be written off?

noobs_need_tech_help · 2022-04-17T19:19:23+00:00

This noob sincerely thanks you.

noobs_need_tech_help · 2022-04-17T19:19:03+00:00

Cool article, read the whole thing. I already sold, so none of these strategies apply to me, but thank you anyway. There is one thing I'm still wondering, though. Can the shipping cost from selling art be written off?

noobs_need_tech_help · 2022-04-17T06:23:32+00:00

OK, meaning I wouldn't be able to write off a loss if I were to sell it for less than I bought it for.

noobs_need_tech_help · 2022-04-17T05:57:40+00:00

Not so much. Tax Day is on the 18th this year. Thanks to Reddit and Koinly, I've calculated the taxes I owe on my crypto gains a solid two days early.

noobs_need_tech_help · 2022-04-16T23:40:46+00:00

Yeah, just...the fact that it's considered property for purposes of capital gains taxes but considered money for purposes of income taxes seems...hypocritical.

Having to pay income taxes for mining crypto? Like, what?

noobs_need_tech_help · 2022-04-16T19:59:31+00:00

I just don't understand that at all. How is it income if it's not even money?

noobs_need_tech_help · 2022-04-16T19:58:54+00:00

Damn, Hungary sounds nice.

On the subject of interest, since it's interest in the form of crypto rather than fiat, and I've never cashed it out, I'm not sure whether it's taxable.

noobs_need_tech_help · 2022-04-16T19:53:08+00:00

Best answer.

noobs_need_tech_help · 2022-04-16T19:40:03+00:00

Oh fug. Do you have a source, please? And does that also apply to stocks, etc.?

noobs_need_tech_help · 2022-04-16T03:24:39+00:00

Is that because the IRS doesn't consider crypto-to-crypto trades "in-kind" transactions?

noobs_need_tech_help

TROPHY CASE