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Mini data sheet on tax implications for cryptocurrency trading in the United States
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<blockquote data-quote="Plus Oultre" data-source="post: 1108110" data-attributes="member: 11351"><p>Good Advise .... always report your income</p><p></p><p>Bad Advise ... report your criminal activity to a branch of government because they will not prosecute you .... bad advise because they will share this information with another branch of government which will prosecute you. I dare anyone to list your occupation as "drug dealer" in your tax return ... dumbest thing ever </p><p></p><p>Have you heard of Audits? well truth be told 100% of tax returns go through an audit ...... Tax returns go through the computer system which looks for common red flags (this is the initial audit), and one of things it looks for is for illegal activities listed in the occupation .... or you think governments like competition?! </p><p></p><p>Dealing with illegal drugs is an illegal activity so that person will raise a red flag. </p><p></p><p>Also, being a stripper is not illegal so they are expected to report their income and actually the strip club issues them 1099 ...</p></blockquote><p></p>
[QUOTE="Plus Oultre, post: 1108110, member: 11351"] Good Advise .... always report your income Bad Advise ... report your criminal activity to a branch of government because they will not prosecute you .... bad advise because they will share this information with another branch of government which will prosecute you. I dare anyone to list your occupation as "drug dealer" in your tax return ... dumbest thing ever Have you heard of Audits? well truth be told 100% of tax returns go through an audit ...... Tax returns go through the computer system which looks for common red flags (this is the initial audit), and one of things it looks for is for illegal activities listed in the occupation .... or you think governments like competition?! Dealing with illegal drugs is an illegal activity so that person will raise a red flag. Also, being a stripper is not illegal so they are expected to report their income and actually the strip club issues them 1099 ... [/QUOTE]
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Mini data sheet on tax implications for cryptocurrency trading in the United States
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