welter
@fun
has anyone withdrawn $20k or more of btc/eth to their bank account? how is it taxed? what's the best way to withdraw crypto to bank/cash with litte to no tax?
8 replies
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nova🎩
@hypernova84.eth
Assuming you are in US, you owe taxes as soon as you make profit on chain. Withdraw to fiat is irrelevant.
2 replies
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3 reactions
welter
@fun
oh
1 reply
0 recast
3 reactions
nova🎩
@hypernova84.eth
ahh perfect meme hope this account is fully anon or you come up with a good plan 🙏
1 reply
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7Parsnipsdouble.base.eth
@7parsnips
😂😂😂
0 reply
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