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So if I bought ETH in March '17 and then converted it to scamcoins in October

and then my scamcoins mooned long term cap gains as of March...
Vigorous rusted rehab
  01/09/18
No you have to wait until October now.
Razzmatazz international law enforcement agency foreskin
  01/09/18
starting as of 1-18 but since the coins were like-kind excha...
Vigorous rusted rehab
  01/09/18
I want you to be right, but link to legit source saying coin...
Haunting stage internal respiration
  01/09/18
can you link to a legit source saying they aren't?
shaky azn
  01/09/18
you can try it if youve got chutzpah. say flipping eth to sh...
shaky azn
  01/09/18
well i'll just have to deal with that when doing taxes next ...
Vigorous rusted rehab
  01/09/18
it's stupid b/c until there's a good FIAT->altcoin exchan...
Diverse doctorate sanctuary
  01/09/18
What are the chances of getting audited and what are the pen...
Comical disgusting private investor messiness
  01/09/18
almost non-existent and i don't know. the real fear is if th...
shaky azn
  01/09/18


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Date: January 9th, 2018 10:42 AM
Author: Vigorous rusted rehab

and then my scamcoins mooned long term cap gains as of March 17?

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116640)



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Date: January 9th, 2018 10:44 AM
Author: Razzmatazz international law enforcement agency foreskin

No you have to wait until October now.

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116661)



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Date: January 9th, 2018 10:51 AM
Author: Vigorous rusted rehab

starting as of 1-18 but since the coins were like-kind exchanges in 2017 then should be long-term cap gains now right?

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116724)



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Date: January 9th, 2018 2:30 PM
Author: Haunting stage internal respiration

I want you to be right, but link to legit source saying coins were LK in 2017?

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118015)



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Date: January 9th, 2018 2:37 PM
Author: shaky azn

can you link to a legit source saying they aren't?

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118073)



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Date: January 9th, 2018 10:51 AM
Author: shaky azn

you can try it if youve got chutzpah. say flipping eth to shitcoin was a like kind exchange and that you effectively held the same investment until now. the irs hasn't said whether or not this is ok and the new tax law isn't retroactive on this point (I think).

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116727)



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Date: January 9th, 2018 10:55 AM
Author: Vigorous rusted rehab

well i'll just have to deal with that when doing taxes next year. Got a lot of time to figure it out

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35116750)



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Date: January 9th, 2018 12:04 PM
Author: Diverse doctorate sanctuary

it's stupid b/c until there's a good FIAT->altcoin exchange, you basically can only get shitcoins via "trading" with BTC and ETH.

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35117143)



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Date: January 9th, 2018 2:32 PM
Author: Comical disgusting private investor messiness

What are the chances of getting audited and what are the penalties for omitting crypto gains?

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118025)



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Date: January 9th, 2018 2:33 PM
Author: shaky azn

almost non-existent and i don't know. the real fear is if the irs makes the exchanges hand over all their records and finds you out that way. otherwise the irs might not even find out about these trades if they audited you

(http://www.autoadmit.com/thread.php?thread_id=3854130&forum_id=7#35118036)