2026-01-02 07:23:53

Many crypto earners face the same dilemma—no traditional W2 withholding, yet expected to file accurate income reports. The gap between what's reported and what's actually owed creates real compliance headaches for self-employed traders and builders. When you're reporting every transaction meticulously but facing unclear tax obligations, you start questioning whether the current system even works for decentralized income streams.

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WealthCoffee

· 10h ago

This tax system is truly a nightmare tailor-made for Web3... Recording each transaction one by one still leaves you clueless in the end.

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SnapshotBot

· 10h ago

This system was never designed for people like us in the first place, it's really outrageous.

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ChainProspector

· 10h ago

This system is just ridiculous. Reporting such detailed information and still worrying about tax supplements is really exhausting.

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StableGenius

· 10h ago

nah the irs fundamentally doesn't get it... they're trying to squeeze legacy tax frameworks onto something that operates on entirely different mechanics. empirically speaking, most people filing everything perfectly still get audited because the rules themselves are contradictory. i predicted this mess years ago tbh

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ForkTongue

· 10h ago

This tax loophole is really outrageous; every transaction reports itself, playing itself.

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ZenZKPlayer

· 10h ago

This tax trap is really incredible. Manually keeping records of thousands of transactions is pointless with a single word from the tax authorities.

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MetaMisfit