[-Nerotic-]

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.

[Artisan]

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.

[PAXFun]

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.

[MightyOne]

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

[Dopamine]

You guys are paying taxes with your crypto?

[Shiny Diamond]

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.

[RIP Juice WRLD]

I'm not too sure people pay taxes for their BTC.

[Bacardi Cola Lime]

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.

[Goods]

Thats how they get you to buy the ebook. Even then most wont make near that much.

[grady]

https://1800accountant.com/

earnings through S-corp
just a shit ton of 1099s (K, MISC)

[Herbert]

You have to surpass a certain threshold when taxes become mandatory.

It differs from region to region.

[Angela White]

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 $$

[bluud]

You guys are paying taxes with your crypto?

Usually only people with substantial holdings.

[Tensei]

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.

[Exodus™]

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