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Off Topic / Re: Investing types & Crypto Discussion $$$
« on: December 11, 2017, 10:21:54 PM »also to everyone investing in this threadI’ve been day trading on Robinhood, what exactly do I have to do so I don’t get beat by the IRS.
REMEMBER TO PAY YOUR TAXES, so many people get stuff on by the IRS because they don't realize is is taxable as capital gains.
if you don't want to go to jail for tax fraud, you need to pay tax every time you trade from fiat->crypto, so record those transactions.
if you think you can get away with it, good luck, because all the exchanges have to give customer info by law to the govt
Edit: just realized google still exists. Still any advice is welcome

