Tax season is upon us! I am going to owe this year since I cashed out a significant amount of crypto and made a large capital gain. Have you calculated your taxes yet? If so, how much taxes are you going to be sending Uncle Sam?
Taxes are coming up for 2021, how much do you owe?
- Thread starter C.Grigg
- Start date
Sometimes some platforms like Picoworkers are debiting VAT or TAX before sending you your earnings but not all the platforms are like this like VKTarget IPWeb or SocPublic where they only debit payment processors fees.
Nova_
Familiar Face
I have not taken out the money from the crypto profit as of yet. So there is nothing much to report. But yes next years taxation would be something where I am supposed to pay as well. Let's see how that would work out as the time goes on.
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I don't pay taxes to Uncle Sam. I pay a 1 percent tax on my online earnings. I pay this tax every time I receive foreign currency in my bank account.
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