I prolly cashed out like 2k last year of crypto, but made like 4k off a trade in a dex. Do I only need to pay tax on the 2k? Do I just grab the forms from coinbase for it and put it into like tax software? I'm broke af and have never done this before. Can one of you point me in the right direction so I can figure this out? The stress is killing me.
gains are so small i wouldnt bother
>>60137763You need to pay tax on 6k if you cash it all out or prove all your trade history to prove your profit, otherwise you go to jail for life in which your asshole is stretched out by huge muscular black men
>>60137931OK. I didn't make any money that year either, was unemployed until like the very last month, and made maybe like 1600 at the most. Only the 2k was cashed out, can they even see the 4k transaction as it was on a DEX or trace it back to me?>>60137962God I hope not
>>60138009What's it like living in fear? Try 100k untaxed for 3 years.
>>60137763
