Ursprünglich erschienen auf: https://www.reddit.com/r/CryptoCurrency/comments/f3sl77/im_a_dumbass/
Out of a great combination of ignorance and laziness, I didn’t report any crypto trades for December 2017–when I started buying/trading—or 2018. I knew that if I ever sold, I would pay taxes on that, but it was only in 2019 that I learned that trades are taxable events.
I’ve lost money trading every year. Not a lot. I experimented with trading a little bit, but I mostly just buy and hold. I want to report my trades for my 2019 filing, and subsequently all my previous trades from 2017 and 2018.
Basically, my question is: Is the IRS gonna fuck my shit up? And what can I do come clean with this?
And like I said, I know I’m an dumb ass. Please be gentle with my moon boi soul.