given your current situation.
1. stop trying to formulate a cost basis....you continuing to send ms paint screenshots of blockexplorer to literal monkeys is not going to work out. claim $0 cost basis and pay full tax.
2. in future, stop even mentioning shit like uniswap and dexes to irs-naggers. if you are doing dex related items you have to proceed like this: (a) play shitcoin games on dex, (b) take whatever profit you want in fiat and transfer AS USDC to a cex, (c) cashout and pay full ordinary income on usdc as it was consulting income
You didn't use a tool like koinly.io to show that you made transactions through dexes? That's the tool I use for tax reporting.
But if you're literally saying that you created a scam token out of thin air and you rugpulled a bunch of people, I must say that it's truly over for you. You can't explain your way out of that one, as they likely nabbed you on securities fraud.
>>what the fuck do be a uniswap Mr. Anon?
exactly thats what i was trying to tell our kind OP in previous thread.
you are just confusing the shaniqua....
...and a diabetic, confused, and angry shaniqua is likely to press the big audit button...
if your linked wallet addresses are on a list from interacting with sanctioned protocols like tornado or funding terrorism/drug-business then story does matter kek, but if it's grey-zone stuff then probably it's more about the money. Maybe some IRS anon in here knows better
nah the irs equivalent in my country wants documents of my trades every single year... until 2 years ago they wanted all of it in paper so i printed out like 10 to 20 pages of all my trades and a cointracking report. I just imagined some intern wagie having to check all of it by hand.
It's over bro , they indited your ass, everyone snitched.... it's over bro
you posted the other day right? you sent them a homemade spreadsheet of uniswap trades and now they have more questions?
they want to know where i got the crypto in the first place since i didnt buy them traditionally from a CEX
how do i explain to them that i rugpulled a bunch of indians back in 2019?
"I sold my GPU that was a gift of less than 10k for a bitcoin miner, at a loss"
Only little people pay taxes.
given your current situation.
1. stop trying to formulate a cost basis....you continuing to send ms paint screenshots of blockexplorer to literal monkeys is not going to work out. claim $0 cost basis and pay full tax.
2. in future, stop even mentioning shit like uniswap and dexes to irs-naggers. if you are doing dex related items you have to proceed like this: (a) play shitcoin games on dex, (b) take whatever profit you want in fiat and transfer AS USDC to a cex, (c) cashout and pay full ordinary income on usdc as it was consulting income
This.
Just report it as additional income and pay the full tax. You are giving them way to much info.
>Just report it as additional income
i already filed the returns and paid the tax
they're asking for more info
just say you bought them from someone else in cash a few years ago?
then they'll ask for records, for how much, and why i didnt file a return for it
You didn't use a tool like koinly.io to show that you made transactions through dexes? That's the tool I use for tax reporting.
But if you're literally saying that you created a scam token out of thin air and you rugpulled a bunch of people, I must say that it's truly over for you. You can't explain your way out of that one, as they likely nabbed you on securities fraud.
from a failure to file to full on securities fraud would be par for the course on a LULZ anon
I dont think there was any law back in 2019 about making shticoins on uniswap.
damn nigga hoping they bust your ass thieving is a violent crime i bet someone grandma starved to death because of you
I hope you get the maximum sentence scamming nagger brownoid
im a 38 year old white, door salesman
Hire a tax attorney, dipshit
whats he gonna do? confirm that im fucked?
>you sent them a homemade spreadsheet of uniswap trades and now they have more questions?
>what the fuck do be a uniswap Mr. Anon?
>>what the fuck do be a uniswap Mr. Anon?
exactly thats what i was trying to tell our kind OP in previous thread.
you are just confusing the shaniqua....
...and a diabetic, confused, and angry shaniqua is likely to press the big audit button...
>likely to press the big audit button...
if they're asking for more info, OP is already being audited. That's all an audit is. Asking for more info.
>if they're asking for more info, OP is already being audited. That's all an audit is. Asking for more info.
holy fucking shit
am i already being audited?
its fucking OVER
should i just swallow fent? im not going to fucking prison
Did you not want to pay the 30% or what?
Pay taxes so you don't get retroactively fucked in the ass and go to jail. Story isn't too important they just want your money
>Story isn't too important they just want your money
srs?
if your linked wallet addresses are on a list from interacting with sanctioned protocols like tornado or funding terrorism/drug-business then story does matter kek, but if it's grey-zone stuff then probably it's more about the money. Maybe some IRS anon in here knows better
>are on a list from interacting with sanctioned protocols l
I traded on uniswap, literally every wallet there is two or three times removed from another wallet that used tornado cash or some well known scam
for tornado the big CEXs (at least Binance) has tools for checking many hops away if an address is linked and if so flags them as high risk
in other words, im fucked ?
What did you give them?
It’s over
nah the irs equivalent in my country wants documents of my trades every single year... until 2 years ago they wanted all of it in paper so i printed out like 10 to 20 pages of all my trades and a cointracking report. I just imagined some intern wagie having to check all of it by hand.
should have hidden a page with a goatse pic in the stacks of trade pages.
>not invoking the 5th
Retard never talk to the government.
how much money was it anon
$150,000