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Puritanical rule
(lemmy.nz)
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this post was submitted on 24 Jul 2025
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Also, in the US at least, every single transaction needs to be reported on your tax return. There are tools to help you do this, but goddamn! imagine compiling all of that each year if you used it regularly. I used it at one point and it was such a pain in the ass come tax season, that I just sold all my crypto the following year and never touched it again.