MACRO MARKET ANALYSIS VIDEOS EVERYDAY SINCE 2018. I do not promote something. I haven’t got any packages so that you can be part of.
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I highly doubt someone with $40 in taxes is going to get audited. But it was pretty obvious that staking rewards was taxable. Easier to just pay it than deal with it latee
When would the taxes be due? What if I haven't touched the staking rewards and they're just sitting in there?
With stash i do get stocks at every place i use my debit card at …or the default stock if the place doesn't have a stocks … and I'm DCA my bitcoin on there ..
Crypto community finally going to become republicans over night😂 imagine paying tax on math
1 question. ETF(s) are for deep dives right? Like, click on item within augmented photo and recieve info with links that enable you to find and learn more and more and even find genuinely interesting products/services…..right?
More roadblocks to keep the working slaves broken and down. Keep supporting a broken government…
Well if the sec can't get the job done bring in the IRS. Staking is going nowhere.
You are neutral, a million thumbs up 👍🏽
"Dominion and control". Speaking for Cardano only; rewards locked in a smart contract do not constitute dominion and control because they cannot be traded or sold and are technically in dominion and control of the stake pool. Rewards, once removed from the stake pool (unlocked via the smart contract) are then under the dominion and control of the staker.
When the US, Sec and the IRS get their ducks in a row, then I will start reporting correctly. Why report something they might take away?
Record keeping of your ADA epoch rewards marked in their price at the time — keeping track of it all every six days — puts a huge burden on citizens, especially having to go backwards to figure it all out.
So you you’re staking but they tax the f*ck out of you as you gain rewards. Then they tax you again when you sell it. Complete BS considering how it’s basically a dividend of a stock.
in my country i need pay only on capital gain 21% so if i invested 10k gained 6k than i need pay 21% from 6k also while my assets are in crypto its not tax object . all stuff what is in fiat is taxable non fiat stuff is not taxable
Oh Mikey, it's hard for Me to trust a Man wearing a Suit jacket with his knees showing through his pants. Is that look trending on RichGrandpa monthly?
the irs sucks needs to be demolished
The government scamming hard working people again?
I've been reporting my ADA staking rewards in my tax returns ever since I started staking in Cardano.
What are the Iso20022 fast approved cryptos? XRP,ADA,XLM,ALGO
No branch of the government and I mean absolutely no branch of the government is geared towards helping the people. They are simply designed as a way to squeeze money out of hardworking Americans. So the government can further advance the military-industrial complex and protect spectral interests. . Who is now trying to infiltrate the digital asset market ( crypto ).. The government is nothing but a legal criminal enterprise based on a two-tiered system.
If you sell drugs on the street you are also taxed on that according to the IRS.