@jmann.eth
Quick crypto tax lesson that might save your life:
BUY ETH → Goes up → Sell =
Capital gains tax (on the profit)
**EARN** ETH → It's income tax on the
FULL VALUE when you got it
Doesn't matter if ETH crashes after. You still owe on the original price.
I earned at $3,754.
I owed tax on $3,754.
Even when it hit $1,000.