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RE: "I Just Discovered I Owe The IRS $50,000 I Don't Have, Because I Traded Cryptos"

in #bitcoin • 6 years ago

I know what it says, however the article is NOT explicit about the taxable event.

I know about taxes and how capital gain taxes work. The tax rate that is IMPLIED in the article the only one that could cause his taxes to be so high did NOT go into law until after January 2018.

6 years ago in #bitcoin by
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     6 years ago (edited) 

    It's a repost of ZH on steemit, which was a repost of the original reddit threads, so what can you expect. I read it on the subreddit first.

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       6 years ago  

      the irs has been known to enact laws retroactively... maybe thats what happened?

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