5’7 chink, dad never cared about my feelings growing up, mom yelled at me unless I did exactly what she told me to, I always did what she said even if I was hurting inside. They always liked my older brother more, who had friends who along with him bullied me, and my classmates did the same, and my parents said “just ignore them”. Any time I wanted to hang out with friends my mom yelled at me to be home for dinner and asked what kind of grades they made. I remember one time I risked it and had to make my friends drive me home while I cried on the phone with my yelling mom. I never really made or kept friends after that. I started being mean to my brother and couldn’t explain why, but it was because he helped ruin my life and I couldn’t be mean to my parents even though I also hated them.
Fast forward to crypto I made some money in 2021 and lost it all and now owe 7 figures in federal taxes and 6 figures in state taxes. My mom and dad agreed to house me until I make my money back (lmao) and now I’m sure they regret it. Here’s how the cycle goes typically: my mom does one of the following “control” attempts: anon, pull your pants up. Anon, why don’t you heat up your food. Anon, wear an apron while we eat hotpot (yes a fucking apron). Anon, why is there a blade of grass on the floor. Anon, did you forget to take out the trash (no, I was still in the shitter having diarrhea from dinner), anon, don’t use that fork, get a new one, anon, this plate is all yours, anon, why is your room so messy? Anon, did you know about x? *quzzes you on something retarded and triggers my childhood emotional trauma* then I just fucking explode because my mom is trying to socially engineer me instead of talk to me like a person, or I say "I'm upset" but I dont want to talk and she keeps asking me questions. Then my dad (who acts like none of this is his fault not raising me emotionally) says wtf is wrong with you just let us eat in peace. They don’t understand trauma, they don’t u
I am 36 years old living with my parents and just had a yelling match with my dad AMA
nderstand that I did everything I could to make them happy when I was a child and I suffered for it, I loved them while I suffered, nobody asked me how I felt, nobody wanted to know, I had nobody to talk to about it, my self esteem is permanently damaged and my brain pathways rewired, people at work are shocked when I lash out at one too many mild microagressions, its because I always picture the innocent child I was, and failed to protect myself. Oh yeah and the fucked up thing is I got addicted to asian massage parlors, the ladies there are more of a mom to me than my mom ever was, even though they only want my money they at least listened to me when the market crashed like a human being and made me feel good, even if I know I was being used.
So, yeh, it never began for me.
How tf do you owe so much money? Can someone explain muttistan to me? Do you have to give it back? When?
crypto to crypto trades are taxable for the calendar year and i made trades but had massive losses for the next calendar year. Losses cant be carried forward. im on a payment plan with my state, IRS will come for me eventually. IRS has a 10 year statute of limitations or whatever. its retarded but i guess im the retard for bagholding.
For some reason this board doesn't understand this, but you can only deduct $3k of capital losses on your taxes. If you make 500k on poopbutt coin, sell, but niggerfart coin and lose all your money, you still owe taxes on the entire 500k you made minus the 3k you can deduct. When you tell Anon Babble about this they plug their ears and scream and that's how you end up like this guy
You can carry your losses forward but you can only do 3k each year. Won't be a massive help in your situation but you gotta start somewhere
yh new capital gains can be offset by the losses. i meant carried backward sorry i guess i rly am retarded. im hungry but dont want to go to the kicthen anymore.
R9K is here:
So why would you do that then?
Cant you just use a 1041 or something to invest in something new and not incur cgt. Ie just chuck it in an investment property or index fund and ots all profit
nah this is relevant to finance i'd say. greed is what got me here, addictions and poor self-image are huge contributors to it, if you never learn to temper it you will end up like me.
You make an acceptable point. Regardless, I empathize with your situation and wish you only the best. In your shoes I would consider moving to another country. Godspeed.
Your Mum is just a basic asian. Youve done poorly in life. She thought she would get rid of you 18 years ago. She thought youd look after her in her old age.
Instead youre a bankrupt vmbasement dweller. Cant blame her for trying to get you to improve yourself.
I don't get it
How can they possibly know this? Do you really believe they have some guy looking through the solana ledger and connecting the dots of joe shmoe's wallet? Gimme a break. Here if you hold over 2 years you can withdraw tax free, they only care about the date you put money in and got money out, that's all they can see. If you swinged a different cryoto every week they would still count it as holding for 2 years, you can just hold usdt and wait for the 2 year mark. Otherwise it's 12% gains tax which is not bad.
thanks anon i hope u make it i also appreciate your bullposting.
My mom talks to me like she's practicing what she reads in self help books. Why cant my mom talk to me like the asian massage parlor ladies do? They actually listen to me and talk to me like a human being when I vent to them.
My mom and i are sworn enemies on the chinese zodiac. its really eerie how we always pick up the wrong signals from each other.
Bro you’re 36 and talking like a 12 year old. Just buy bitcoin and go run a Panda Express or something. Stop with this shit.
Ok when the armed IRS agents show up at your doorstep and ask where their money is you can ask them how they could've possibly figured out your devilish scheme to launder your money on a fucking blockchain, let me know how that goes for you. You seem to think it's way harder to do that than it actually is.
I this upbringing common in your culture? It all makes sense. Sorry anon.
Just do x
just stop
Funny i used to be like you. this is the typical response to people who struggle with addiciton. i used to look down on them too. ive never had a problem with alcohol never smoked anything never did any drugs and when someone overdosed at a party i just scoffed at them.
The truth is you're one bad day, one wrong turn away from becoming me. Remember that the next time you choose to be ignorant.
5'7"
chink
it's over
Most crypto bros use a few exchanges. You think they all communicate together and also with the irs to track down your 50k profit? Also they track your wallet bro
Because the faggot government taxes you as if you made money even when you didn't actually. They like punishing people to make sure they stay poor basically.
If you bought say ftm at less then a penny, sold it at the peak, and let's just say bought a memecoin with it and it goes -99.9%, if you didn't sell that loss within the year, they count it as if you made the previous sell (i.e. ftm at the peak).
The fact that this is legal is retarded and if trump doesn't fix that, he's worthless (kamala probably would have added taxes. She's still the evil of the two).
A blockchain contains a permanent, publicly viewable record of all transactions that occur on that chain. You understand that, right? You understand anyone at all can find any transaction associated with your wallet that has ever happened, right?
I don't get it
that's the point. It's supposed to fuck the goy
I will never complain about other people especially when they are helping your retarded ass with a rent free home at 36. I can't even imagine being 36 and going home and complaining about mommy. Holy fuck.
I can't even imagine being 36 and going home and complaining about mommy. Holy fuck.
this...op just live on your own ffs
Reading shit like this makes me wanna sell everything and completely forget about crypto. What's the point if you just end up getting raped by the IRS?
You have to be clever about it. Just realize the bitch government is out to get you and act accordingly
If they can see everything then cant they see that you lost everything and are unable to pay anything back
What does sell here mean? Getting the money back into your bank account? Or can they track selling tokens through a dex and then buying shitcoins through a dex?
You need to be an absolute retard to end up in OPs situation which is most likely a larp to make you give up anyway, so congratulations you fell for it.
I always see people saying this but I've never heard anyone else plain exactly how to do so in my 7 years of being in this shithole board...
You would need to sell the token. Basically to make it easy, you should liquidate all money before december ends of the year. Then pay taxes. Then play again. It's retarded, but that's what happens when you get big government
Also they track because you have to report it. Why report it? So you can actually use it. That's why if you're in op's situation, you would have been better off pretending whatever wallets and exchanges you used never existed. You gain nothing by reporting something like this. Better off wiping that shit from the face of the earth
Anon, wear an apron while we eat hotpot
I just did.
1. If you fuck up, ditch the exchange/wallets.
2. Always sell before the year ends if you traded with it to be safe and not have any worry of this. Or you can just take out 50% to account for taxation. If you just held however, you're better off holding to get long term capital gain tax benefits
thanks for your empathy and checked. It is common in asian american families. i am fortunate enough to not have endured physical abuse from them, but it's still difficult to deal with. others do have it much worse.
track your sells
calculate how much you need for taxes
don't gamble that money away on memecoin
it takes a retard to fuck this us
So op had to willingly report it? Bruh. Stop being a bitch and just play dumb. Most people don't know shit and if i came to the us and traded crypto i wouldn't even know where to report this shit. What are they going to do? All they can see is i put in 10k and now i dont have it anymore. They can't possibly know about muh 500k gain and then loss
report the taxes, but don't pay them, that's what i did in 2018 for the exact same situation. They won't do shit
yeah like i said, you've never experienced any form of addiction or had to help a loved one with it and you're just reinforcing that by revealing yourself to be a midwit. Enjoy your life anon and leave this thread, this aint for you
that's the problem. They won't do shit... unless it's significant money. Then they'll want to rape you
Dude you are 36
This is not an age for you to still be dwelling on daddy/mommy issues
What fucking addiction idiot? You're probably over 30bmi and sitting on your ass all day. Your parents sound nice, and your brother just wanted you to grow up and find a girl. Btw how the fuck do you get 7 figs of tax? That means you had to have 7 figs in crypto, at which point if you didn't sell then you're mentally retarded, especially being in your 30s.
Why don't addicts just get clean
a lot of "life experience" dilettantes in here tonight.
Early childhood trauma, emotional or physical, fucks up the trajectory of your life for good. Very few move onto normal lives.
why not just be one of those few
Why don't homeless people just buy a house?
lol, i can tell this is your first bullrun. Best of luck bro you're gonna need it.
and my parents said “just ignore them”.
And that's why you're poor. When I got bullied my dad put me into boxing classes.
It's much easier to just not do something than to buy a house dude
It is, plan is to sell in november if there's a good pump then. But the absolute last call is january 31st 2026 as that's when my 2 years is up.
No I don’t think I will read all of this whiny ass bitch made faggot shit. Grow a dick OP and stop being such an emotional cunt
fuck your asian family, I'm serious never talk to them again ever, move out and cut all contact
don't tell them your new phone number and address, never see them again in person
the faster you do this the better off you will be
I'm also asian american with a wife and a kid
I was physically abused as a child by both parents
I've taken over 100 grams of shrooms
the best thing you can ever do is cut out ALL past FAMILY FOREVER except the one you create anew
and when you make it don't even try to rub it in their faces just disappear forever don't even show up for the funerals
they died to me a long time ago anyways
Find God.
You're fucked
i actually got put in ju jitsu classes but i'm a pacifist, as an asian i think its in my genes. what would have helped me more is being allowed to hang out with my friends and get social experience in my childhood.
it's a complex emotional clusterfuck. its not doing nothing, my parents push my buttons, but they see it as communicating.
thanks fellow asian bro. yeah i cant move out yet unfortunately.
the duality of man. hope and hopelessness
don't even show up for the funerals
this seems a little extreme for my situtation but i wasnt physically abused so i can see that. i was hanging out at a white friends house in college once and their family just hung out and talked and joked and laughed and nobody got upset. to say i wish i had that is an understatement, it was a different universe.
i still struggle with the guilt a lot. My parents have acknowledged some of it as in they said they could have raised me better, but i believe deep down that I'm not purely a victim here, even if factually i am. i'm 100% sure my dad owuldnt care if i died before him, he likes my brother way more.
pump in November? Kind of like the huge pump last November... Oh shit it already happened
I'm your age and financially support my parents, wife and kids. Basically, what the fuck have you been doing lol. BTW I'm a fucking loser that only made it with investments working a dead end job.
based youre coming up on 10 years too.
happy for you anon.