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RE: Reddit User Says He Owes the IRS $50,000 in Taxes Due To Crypto Activities
So he has a tax credit for the $80,000 for any potential gains in the future?
So he has a tax credit for the $80,000 for any potential gains in the future?
That he can claim something like a max of 3k a year from, unless he's a day trader (5-7 trades a week is not sufficient to be considered a day trader by the IRS).