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re: GameCoin(GMEX) Anybody still hodling?

Posted on 1/12/22 at 8:24 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81079 posts
Posted on 1/12/22 at 8:24 pm to
It’s how I interpreted the IRS law and when I asked my CPA, he confirmed as well. Explain how the language I posted above doesn’t apply
This post was edited on 1/12/22 at 8:25 pm
Posted by Rize
Spring Texas
Member since Sep 2011
16355 posts
Posted on 1/12/22 at 8:52 pm to
quote:

It’s how I interpreted the IRS law and when I asked my CPA, he confirmed as well. Explain how the language I posted above doesn’t apply


So what your saying is the value of GME going from 700k to nothing then the hard fork of GMEX hitting at 700k then going down to 155k means nothing?

You still think I owe tax’s on the 700k and nothing else matters?
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/12/22 at 8:55 pm to
My cpa has always told me to do my best not to take an airdrop. I got tagged on one last fall that stung pretty bad.

I try to stay away from projects with devs that aren't experienced enough to know the tax implications of a hard fork.

It blew me away that mods in the gmex tele were effectively telling people to evade.
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