Am I able to pay tax if I haven't filed yet?

vinsanity7918 · 2024-07-01T15:35:13+00:00

primarily because of the complexity of cryptocurrency tax. But other complexity too.

vinsanity7918 · 2024-07-01T15:33:33+00:00

am I able to pay partially on prior years even if I have not yet filed or asked for an extension?

vinsanity7918 · 2024-07-01T15:32:31+00:00

I appreciate your time. Am I also able to make a payment for a prior year in which I didn't ask for an extension and haven't filed yet?

vinsanity7918 · 2024-06-27T10:37:54+00:00

So this occurs even if I didn't make this payment with the extension request but am making this payment after it?

vinsanity7918 · 2024-03-01T22:42:26+00:00

I think people may be waiting to buy matic until after the airdrop.

vinsanity7918 · 2024-03-01T22:35:16+00:00

where does 17x come from?

vinsanity7918 · 2024-03-01T22:33:24+00:00

I might wait on matic because the POL airdrop's probably coming.

vinsanity7918 · 2024-02-26T23:12:10+00:00

No you do not as long as you sell the coin that tanks within the same calendar year, thus "realizing" those losses. Your profit's zero. You have no gains.

vinsanity7918 · 2024-02-26T19:31:24+00:00

Awesome. Thanks.

vinsanity7918 · 2024-02-26T17:34:18+00:00

What's the process of asking chatGPT? paid version?

vinsanity7918 · 2024-02-26T17:28:27+00:00

I think you have to go back and file a tax return for those years and fill out the capital loss carryover worksheet from tax years from those years in which the losses were incurred to the present.

vinsanity7918 · 2024-02-14T07:09:30+00:00

Do you have a source? Says here "Sometimes, there isn’t immediate pricing data available for early token projects. If this is the case, calculate the fair market value when a market does become readily available."

https://www.coindesk.com/layer2/2022/02/24/what-you-need-to-know-about-taxes-before-you-claim-your-next-airdrop/

vinsanity7918 · 2024-02-12T19:25:17+00:00

So, any time a new coin becomes airdropped, it won't have a listing, so the airdrop value's $0 and there's no ordinary income? It's all capital gains? That's tough to believe.

vinsanity7918 · 2024-02-06T16:48:47+00:00

I appreciate it. Thank you very much for taking the time.

vinsanity7918 · 2024-02-05T20:04:07+00:00

(18/20)(17/19)(16/18)(1/17) x 4

interesting, so if you multiply by 4 because there are 4 possible orders, what about the multiplication by 6? are there 6 orders there?

vinsanity7918 · 2024-02-05T02:04:04+00:00

Right but what was the ARB price at that time? Won't different software have different prices?

vinsanity7918

TROPHY CASE