swapped it to t for tax reasons but I see there was an announcement on Twitter about #bitcoin should I convert or is it just a pr stunt that turns into nothing?
My questions is it worth it for me to move my tokens over as soon as I do I'm taxed on it. I don't want to move them over unless there is some reason to
Ok so nothing to do with T?
There is nothing you HAVE to do with your T, no. It’s simply gaining more and more utility.
Coinbase doesn't issue 1099 anyway unless you trade futures. And I'll go off what my lawyer says unless you can prove otherwise. Any documentation to show to what you are saying is true?
Not accurate. If you realize profit above a certain dollar amount CB will issue a 1099 because they are obligated to by the IRS. (At least I’m the United States that is.)
sounds like UST w/o good marketing
it had LUNA as collateral, they sell luna to prevent depeg, you'll sell tbtc to do exactly same thing
Here you go directly from coinbase unless you made more then $600 in staking or you traded futures they won't send one out. I just went through this with them. https://www.coinbase.com/learn/your-crypto/tax-documents-explained
This article says they will not report your gains or losses to the IRS. But in order for you to more accurately report your information to the IRS they are compelled to issue you the forms under current tax code.
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