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10 sats \ 2 replies \ @SpaceHodler 30 Dec 2023 \ parent \ on: Loan shark: Super Testnet's non custodial, bitcoin only borrow and loan tool bitcoin
But is that how CGT works? Isn't Bob's entire stack treated the same, taxed on a cost basis? Regardless of which UTXO he's spending?
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558 sats \ 0 replies \ @supertestnet OP 30 Dec 2023 freebie
I think in the USA you're allowed to use LAST IN, FIRST OUT when calculating your capital gains taxes
https://coinledger.io/blog/cryptocurrency-tax-calculations-fifo-and-lifo-costing-methods-explained
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0 sats \ 0 replies \ @siggy47 30 Dec 2023
No.
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