Content pfp
Content
@
https://warpcast.com/~/channel/brypto
0 reply
0 recast
0 reaction

Kat pfp
Kat
@katwolfie.eth
In the U.S., an airdrop is considered taxable income based on its value as soon as you click the claim button. Example πŸ‘‰ If I claim $1000 and sell, then I pay income tax on $1000. If I claim and the token goes to 0, then I still pay taxes on $1000. IMO, this needs to change so we’re taxed on the sell value, but it is what it is right now. Different counties have different rules and regulations. Stop sell shaming people. Everyone’s situation is different.
5 replies
1 recast
8 reactions

Bhase Bank pfp
Bhase Bank
@bhasebank.eth
Our tax code is insane
1 reply
0 recast
1 reaction

Kat pfp
Kat
@katwolfie.eth
It’s stupid lol
0 reply
0 recast
0 reaction