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+---- Thread: HF Taxes (/showthread.php?tid=6104490)
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HF Taxes - -Nerotic- - Aug 22, 2020
to the people who say they make $500-$1k weekly/monthly How do you file your taxes? I'm just curious as to what you say with all the income. even with it in crypto my taxes now ask if i have any money in cryptocurrencies.
RE: HF Taxes - Artisan - Aug 22, 2020
Most of them are lying. In my experience, people lie blatantly about age, gender, earnings and qualifications here. The ones that do earn well and live in countries where crypto holdings are taxable definitely pay taxes and/or try to hold in wallets that cant be associated with them or ones that dont require KYC.
RE: HF Taxes - PAXFun - Aug 22, 2020
(Aug 22, 2020 10:55 AM)Artisan Wrote: Most of them are lying. In my experience, people lie blatantly about age, gender, earnings and qualifications here. The ones that do earn well and live in countries where crypto holdings are taxable definitely pay taxes and/or try to hold in wallets that cant be associated with them or ones that dont require KYC.
Totally agree.
RE: HF Taxes - MightyOne - Aug 22, 2020
(Aug 22, 2020 10:55 AM)Artisan Wrote: Most of them are lying. In my experience, people lie blatantly about age, gender, earnings and qualifications here. The ones that do earn well and live in countries where crypto holdings are taxable definitely pay taxes and/or try to hold in wallets that cant be associated with them or ones that dont require KYC.
I really believe this is the best answer you'll get.
Also, usually people who do make good money online don't go around brag about it on a forum, they are too busy working for it and doing smarter stuff lol
RE: HF Taxes - Dopamine - Aug 22, 2020
You guys are paying taxes with your crypto?
RE: HF Taxes - Shiny Diamond - Aug 22, 2020
(Aug 22, 2020 10:55 AM)Artisan Wrote: Most of them are lying. In my experience, people lie blatantly about age, gender, earnings and qualifications here. The ones that do earn well and live in countries where crypto holdings are taxable definitely pay taxes and/or try to hold in wallets that cant be associated with them or ones that dont require KYC.
You said it all.
RE: HF Taxes - RIP Juice WRLD - Aug 22, 2020
I'm not too sure people pay taxes for their BTC.
RE: HF Taxes - Bacardi Cola Lime - Aug 22, 2020
My portfolio and my earnings are low enough that they can go without taxes. Cryptocurrency taxation is not something that has been taken into serious consideration in my country so things are not clear. For now, I just wait.
RE: HF Taxes - Goods - Aug 22, 2020
Thats how they get you to buy the ebook. Even then most wont make near that much.
RE: HF Taxes - grady - Aug 22, 2020
https://1800accountant.com/
earnings through S-corp
just a shit ton of 1099s (K, MISC)
RE: HF Taxes - Herbert - Aug 22, 2020
You have to surpass a certain threshold when taxes become mandatory.
It differs from region to region.
RE: HF Taxes - Angela White - Aug 22, 2020
They are lying, people who actually make decent money don't just hand out their methods for how they make a living without having an IRL job.
For the 1% not lying, they probably just pay a tax guy $$
RE: HF Taxes - bluud - Aug 22, 2020
(Aug 22, 2020 12:26 PM)Kushy Wrote: You guys are paying taxes with your crypto?
Usually only people with substantial holdings.
RE: HF Taxes - Tensei - Aug 22, 2020
Not every country has caught up to taxing CC. As many others have stated, most of these people are just pulling numbers out of their ass to look good on a forum where nobody cares who you are.
RE: HF Taxes - Exodus™ - Aug 23, 2020
I'm wondering the same thing, I know most of them are lying about their earning, but if someone really make that amount of money in crypto idk how they can transfer them in cc/paypal etc. without problems