Current Events > I have bitcoin worth 4 mill that I bought 5 years ago for 5,000.Will I have tax

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FifthBeethoven
11/02/17 1:24:18 AM
#1:


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Keith_Valentine
11/02/17 1:25:37 AM
#2:


I'm so jealous , that would be amazing...

But I know absolutely nothing about this shit. Good luck though , that's awesome for you.
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MelbuFrahma4
11/02/17 1:27:23 AM
#3:


1,000 coins is worth like 6.8 million right now.
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FifthBeethoven
11/02/17 1:28:25 AM
#4:


Keith_Valentine posted...
I'm so jealous , that would be amazing...

But I know absolutely nothing about this shit. Good luck though , that's awesome for you.


Its not me. Article is an educational one about what happens if you hit the jackpot and try to deposit millions of dollars from bitcoin like that person in OP.
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Unknown5uspect
11/02/17 1:30:23 AM
#5:


I believe you're supposed to claim it on your tax returns, which would mean you would have to come up off some of that. But I don't know.
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Keith_Valentine
11/02/17 1:32:00 AM
#6:


That was misleading then.
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FifthBeethoven
11/02/17 1:32:55 AM
#7:


Keith_Valentine posted...
That was misleading then.


It is the actually title of article.
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SuperShake666
11/02/17 1:35:54 AM
#9:


Does the IRS tax Monopoly money?
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