packetsjack

[packetsjack @packetsjack]

@GivnerAriel Does this need to be backed by legislation so the next admin doesn't just reverse it?

[packetsjack @packetsjack]

@BrettHarrison I've been chatting some folks about a solution like this. It's cool to see that somebody is doing it!

[packetsjack @packetsjack]

@CryptoTaxSucks I think you're doing just fine. Some other tax accounts do dabble in fear though.

Thanks for the posts

[packetsjack @packetsjack]

@CryptoTaxGirl Is per wallet reporting required for onchain wallets? I saw your previous tweet about filing normally if you had no CEX txs and thought of that.

[packetsjack @packetsjack]

@chriscuningham @TheCryptoCPA The 8949 changed this year to allow for reporting of 1099-DA reported gains. Most software isn't supporting this

[packetsjack @packetsjack]

@CryptoTaxSucks How are you guys handling on chain this year? Tracking individual wallets? I think I've done well thus far on previous years, but wallet separation on chain seems very daunting.

[packetsjack @packetsjack]

@Branche_SC It's miserable. You can tell from half of the first sentence. I just close the app after a while

[packetsjack @packetsjack]

@OnChainOnlyy @Austin_Federa Faang have access to the tech, but lack the use case. A few ms off RTT from Chicago to NYC might help HFTs, but that's a very niche use case that is irrelevant for faang.

[packetsjack @packetsjack]

@CryptoTaxSucks Per wallet tracking vs. Spec ID. Can we still treat everything as one big bucket of cost basis outside of CEXs?

[packetsjack @packetsjack]

@SKIGODcrypto Yes, it worked well for me when doing keto/IF. Coffee helps, but if keto you're just not hungry anyway

[packetsjack @packetsjack]

@blockiosaurus Congrats!

[packetsjack @packetsjack]

@PACHO_SOL !pacho

[packetsjack @packetsjack]

@blockiosaurus Fusing

[packetsjack @packetsjack]

@MadLads @Backpack

WAO

[packetsjack @packetsjack]

@CryptoTaxSucks Yeah, I meant once sold, is it taxed as ordinary?

[packetsjack @packetsjack]

@CryptoTaxSucks If staking rewards are income when sold, are you paying ordinary income tax when sold? Doesn't seem like it is possible to get long term gains with cost basis 0.

[packetsjack @packetsjack]

@PFTCommenter 70s big

[packetsjack @packetsjack]

@OddSkull_ I tagged you in MBB. There's a lot of convo in there, and there's this boot camp if you haven't already seen it

https://t.co/KxD1Qhf8qC

[Meteora @MeteoraAG]

Meteora LP Army Bootcamp #11 - January - Day 1 https://t.co/HLJyRFnah9

[packetsjack @packetsjack]

@Branche_SC The suspension shocks me every time I get in one. It's ridiculous

[packetsjack @packetsjack]

@OathOfShadow 🔥🔥🔥