Cryptocurrency enthusiasts are interesting. It's a lot of people who have never done forex in their life suddenly trying to figure out how taxes work. https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-currency-owners-advising-them-to-pay-back-taxes-file-amended-returns-part-of-agencys-larger-efforts
@erjiang it's not just the forex, they probably never invested a buck in any financial activity
@ranx Someone was debating, "but if you bought a bunch of pesos with dollars and the pesos appreciated, how would that work?" Um, exactly the same way?
@erjiang here in Italy you pay 26% on ANY capital gain (forex included), I don't know about the USA tax rates though
@erjiang this is that kind of people that know nothing about finance and then complain with the bank/broker/government if they lose their money. when they gain money they complain about taxes 🤬 they always complain and don't know anything
Server run by the main developers of the project It is not focused on any particular niche interest - everyone is welcome as long as you follow our code of conduct!