Not claimed mine yet
Waiting to see how high it goes then cash it out immediately so I won't pay capital gains
true but that raises your income so your still paying taxes and then you can't get a long term rate
if you wanna sell it all though before September it doesn't matter anyways
true but that raises your income so your still paying taxes and then you can't get a long term rate
if you wanna sell it all though before September it doesn't matter anyways
Its not considered income in the uk either based on their guidance for air drops
Its not considered income in the uk either based on their guidance for air drops
ahh that's dope af jealous
in the US it makes more sense to claim it when it's at the lowest point and hold it for 12 months and hope it doesn't fall lol
s***s dumb
Not claimed mine yet
Waiting to see how high it goes then cash it out immediately so I won't pay capital gains
how so
how so
Capital gains set in once its claimed
If i claim it now, any increase in price since the price of claiming it would be considered as part of capital gains
Capital gains set in once its claimed
If i claim it now, any increase in price since the price of claiming it would be considered as part of capital gains
send it to a private wallet
Capital gains set in once its claimed
If i claim it now, any increase in price since the price of claiming it would be considered as part of capital gains
US?
US?
Looks like in the US you pay ordinary income taxes on the FMV of when you claim the air drop? So if its $5 for 100 coins. You pay ordinary income taxes on $500.
US?
Uk but its probably the same for the us in terms of cgt rules
But since the us also considers it income its better to claim it the lower the price
Uk but its probably the same for the us in terms of cgt rules
But since the us also considers it income its better to claim it the lower the price
Yeah from a quick google looks like claimed as ordinary income and not cap gains
can anyone suggest some ETFs that'll be good for the next 3-5 years? looking at clean energy etfs so far
can anyone suggest some ETFs that'll be good for the next 3-5 years? looking at clean energy etfs so far
I like
ARKK
VOO
QQQ
I am also interested in ARKX when it gets listed.
ahh that's dope af jealous
in the US it makes more sense to claim it when it's at the lowest point and hold it for 12 months and hope it doesn't fall lol
s***s dumb
It’s only here that we have woat taxes
I like
ARKK
VOO
QQQ
I am also interested in ARKX when it gets listed.
gonna look into these
Yearn finally bouncing watch it go back to 30k again
It’s only here that we have woat taxes
seriously
0% on long term under 50k is nice tho other countries have better crypto tax law tho
It’s only here that we have woat taxes
US taxes are a joke
can anyone suggest some ETFs that'll be good for the next 3-5 years? looking at clean energy etfs so far
I have QTUM and CLOU
Can US customers use these?
Hotbit or Bithumb Global
I think Hotbit yes, BG, no
But how are they? Trash exchanges?
Can US customers use these?
Hotbit or Bithumb Global
I think Hotbit yes, BG, no
But how are they? Trash exchanges?
i've used hotbit. only for like one thing though, but it was simple enough to use