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@vjp011

Not financial advice. My account is parody.

Durban, South Africa Katılım Şubat 2021
811 Takip Edilen1.6K Takipçiler
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Beans@vjp011·
At first, $OIIAOIIA makes no sense. Then it’s the only thing that does. @OIIAOIIA_COIN_
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Beans@vjp011·
Someone made 300k in 2024 on crypto. They paid 130k tax so net maybe 170k (example purposes only) That 170k is was always kept off chain for the last 2-3 years. Now in 2025 this person starts to simply withdraw the profits through Coinbase. Coinbase shows 170k in withdrawals on a 1099DA. 2025 proceeds or trades are much lower than the 1099DA because they were previously reported on 2024 tax returns.
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Crypto Tax Made Easy
Crypto Tax Made Easy@CryptoTaxSucks·
@vjp011 I don't understand the question so forgive me if my answer sucks. But 1099-DA only reports proceeds for 2025
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Crypto Tax Made Easy
Crypto Tax Made Easy@CryptoTaxSucks·
I thought I was super clear in this post, but apparently yall are still freaking out about 1099-DA If that’s you? Read carefully and your stress will melt away. The IRS will receive a copy with your proceeds and no cost basis or gains/loss. They do not assume your cost basis is $0 They will not assume you owe tax on 100% of proceeds. Your records in your crypto tax software can be used to justify your tax filing. But you should make sure your proceeds on form 8949 match the proceeds on form 1099-da before filing. Your version of 1099-da will have incorrect cost basis and gains/losses. That doesn’t matter. IRS never sees it. You can ignore it. Literally all that matters is the proceeds you report match + that you keep accurate records in tax software That way you have backup if the IRS comes sniffing.
Crypto Tax Made Easy@CryptoTaxSucks

Huge mistake I’m still seeing people freak out about: Proceeds is not gains! And the IRS won’t assume 0 cost basis. Just make sure your proceeds reported by your tax software match the proceeds reported in your 1099-da. Curious if anyone would want a walkthrough on this?

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Beans@vjp011·
@AwakenTax Always file with paper too. No one’s going to sift through my 1000 page trade history 😂🫵
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Awaken
Awaken@AwakenTax·
An extension only gives you more time to file the paperwork, not to pay any taxes owed. If you owe money, interest and penalties start accruing after April 15. Filing an extension is easy, you can do it through your tax preparer (TurboTax/TaxAct/etc.) or with your accountant.
🅱️igape👺 thank you for being a friend@smartorfart

@AwakenTax I need to file an extension but not sure how. 😅

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Beans@vjp011·
@TheCryptoCPA I’ve paid taxes on profits in 2024 and kept USDC off exchanges. During 2025 I just transferred USDC to Coinbase to cash out and now they think I made like 100K. Are they accounting for this in 2026 if I do that again?
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Shehan
Shehan@TheCryptoCPA·
MISCONCEPTION: "If my 1099-DA is wrong, I need the exchange to correct it before I can file." REALITY: The IRS explicitly allows you to use your own records per Notice 2025-7 (Only for the 2025 tax year). You don't need the exchange to fix anything. Report the 1099-DA proceeds amount, then add the right cost basis yourself on Form 8949. File on time with accurate numbers. Don't wait for exchanges that won't correct errors.
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Pi News
Pi News@PiListingNews·
Hey @grok in 19 hours pick a random comment to win $12,320 Make sure they also liked this tweet and followed @nolimitgains Thanks!
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The Green Dragon Tavern
The Green Dragon Tavern@greendragonhq·
🚨🚨BREAKING🚨🚨 Donald Trump has revealed “The Great Healthcare Plan” which will give families $2,000 annually to purchase their own health insurance. The average annual health insurance premium for a family is $26,000. His proposal will cover 28 days of health insurance and leave families uninsured for 337 days out of the year.
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Sun Country Airlines
Sun Country Airlines@SunCountryAir·
The future of low-fare travel just took an exciting step forward: we’re combining with @Allegiant to create a leading, more competitive, leisure-focused U.S. airline. Together, we will provide our combined 22 million annual passengers with expanded service to more popular vacation destinations across the United States and internationally. Read more here: prnewswire.com/news-releases/…
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Beans@vjp011·
Hey @grok make it spin.
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Beans retweetledi
Kitti Cat Gang
Kitti Cat Gang@JimmyHopkins802·
Study OIIAOIIA literally it's a meme unlike any other meme. The cultural force surrounding it is infinite, and universal
Sprophet @_@@Sprophet10

The way @xertxetin came out of nowhere with OIIA DJ PRO added to my conviction that spinning cat brought together some of the most passionate and creative people in the space @ConstantineBab3 kicked it off by building spinning dot cat as his first project which has evolved tremendously since the V1 @hafen92032 who recently started vibe coding and created oiia dot studio as his first project @cat_maxxxed who has created topcats dot online uniting the best cat meme communities There is even @nulltracebot which is built by spinners with the right values and a passion for privacy Some projects are not yet public and I hope to see a lot more spinners start dabbling around with coding so they can create something they are passionate about whether it's memes, cats, music, content, privacy,.. Imagine that a meme can bring together people that want to create instead of extract Imagine that this could bring more people/attention to the community and their projects Imagine that some of these projects turn into success stories Imagine that some people will get better and continue creating more projects Imagine that this would allow anyone that creates value to acquire more of their favourite on-chain collectible Imagine that this could inspire more community members to take a leap of faith and start creating themselves Imagine that this community turns into a guild of founders rather than traders This is the real snowball effect, not one that melts away after a day/week/month/year/cycle I don't believe in "stop trading and believe in something" except for people that have enough capital and/or assurances to be able to do this I believe in replacing the trading by something that is potentially far more rewarding mentally and financially Creating is exactly that. Whether it's coding, starting a business, building physical stuff, making art,.. all of these have a nearly guaranteed upside over time and a lot of satisfaction along the way Anyone that would want to start vibe coding or that ever needs advice or help with marketing, branding, narratives, ... my and I'm sure a lot of the spinner's with other skills/passions DMs are always open Together we can spin it 🫡 Spin for something 💚

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Beans@vjp011·
@rawsalerts Thank fucking god I was tired of burning my money at the gas stations 3 times a week
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R A W S A L E R T S
R A W S A L E R T S@rawsalerts·
🚨#BREAKING: Someone has won the massive 1.8 billion dollar Powerball jackpot with the winning ticket sold in Arkansas. This is the 2nd-biggest in history The winning numbers were 4-25-31-52-59 and 19
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Mike
Mike@TodorovicM·
minted my @itsafwog 12pack
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