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Crypto CGT owed for 2017

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  • 30-01-2019 11:44pm
    #1
    Billy The Quid
    Registered Users Posts: 4 ✭


    Long story short, I owe tax on crypto activity in 2017. I want to pay it, even though my crypto assets have basically dwindled down to the amount I need to settle the tax bill.

    I was very naive trading in 2017, no idea what I was doing and certainly no idea about tax. I know it's already late, both the payment and the return. I know I'll owe decent interest.

    But I don't even know where to start with this. The forms for 2017 don't even exist any more. I would love to hear from anyone who has been in this position, and successfully settled it with Revenue. I'd also love to know what accountant (if any) was used in such a case.

    Much appreciated. I know I am an idiot, you don't have to remind me. But you're free to :)


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    #2
    Amirani
    Moderators, Society & Culture Moderators Posts: 12,521 Mod ✭✭✭✭Amirani


    Did you realise the gains by selling?


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    #3
    Billy The Quid
    Registered Users Posts: 4 ✭Billy The Quid


    Amirani wrote: »
    Did you realise the gains by selling?

    Yes.

    Only crypto to crypto sales, but everything I've read suggests these count exactly the same as crypto - > cash for tax purposes.


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