Malganes wrote on 07.07.2024 at 01:29: I have discovered a site where you can buy tons of gift cards, phone cards and much more using crypto. If anyone is interested, please have a look at Bitrefill. And no, this is not an advertisement. I just wanted to let you know.
nobody spends their cryptos on random gift cards bro what the f*ck DDDDDDDDDDD
they are hoarded until you are the wealthy grandpa later on
I have a question about crypto.
In principle, wins are apparently tax-free if I hold the cryptos for at least a year before I sell them.
Do I have to disclose to the tax office in any way where the cryptos come from and when?
So let's assume I bought Bitcoin for €5,000, played a bit in crypto casinos and withdrew another €5,000 in bitcoin.
Now I need money, I bought the bitcoins at the beginning of 2020 at a low price and now I want to sell them. I'll get some money into my account, have a nice win and declare it on my tax return.
Now I can show the tax office that I bought the bitcoins more than a year ago. What about the bitcoin I sold and won?
Theoretically tax-free, because gambling win.
On the other hand, illegal gambling...
Or does it all work quite differently?
Just a hypothetical question, I'm just starting to look into the subject.
garfield68 wrote on 08.07.2024 at 11:54 am: does the daily freespin at bet -at-home work for you? I haven't had it for 2 days now. it can't be because of the monthly deposit.
So it works for me. But nothing was deposited this morning.
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nobody spends their cryptos on random gift cards bro what the f*ck DDDDDDDDDDD
they are hoarded until you are the wealthy grandpa later on
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hahahaha yes well it depends on which cryptos
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In principle, wins are apparently tax-free if I hold the cryptos for at least a year before I sell them.
Do I have to disclose to the tax office in any way where the cryptos come from and when?
So let's assume I bought Bitcoin for €5,000, played a bit in crypto casinos and withdrew another €5,000 in bitcoin.
Now I need money, I bought the bitcoins at the beginning of 2020 at a low price and now I want to sell them. I'll get some money into my account, have a nice win and declare it on my tax return.
Now I can show the tax office that I bought the bitcoins more than a year ago. What about the bitcoin I sold and won?
Theoretically tax-free, because gambling win.
On the other hand, illegal gambling...
Or does it all work quite differently?
Just a hypothetical question, I'm just starting to look into the subject.
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Paying out yes, but verifying is a pain there
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Liked this post: garfield68
So it works for me. But nothing was deposited this morning.
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I can confirm that as far as Verification is concerned... I've never experienced anything like that...
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Since many are interested in it like myself, I can fairly report that it was paid out.
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Liked this post: Tobsen
thanks for the info, now it was available for me too.
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