5 ms·
You broke the law if you sold crypto, regardless of amount.
by iends 3y ago
You broke the law if you sold crypto, regardless of amount.
- whimsicalism 3y agoRealistically what penalty do you think GP would face if they had failed to report those $15 in capital gains.
- maxerickson 3y agoSure, but that isn't what they are saying, they are saying that the tax code is that you report the gain. I think most people don't report interest that is below the reporting threshold for the bank either. Doesn't change what the tax code says you are supposed to do.