ATC quote · Jul 10, 2024 · 0:14:22
“Yeah. Correct. So then I bought a whole bunch of oil on the stock market, and so then they're taxed differently towards the end of the year. You would also... Yeah. So you would need, like, a CPA to…”
NatNat @Natnatx007 (speaker unconfirmed)
From ATC: DAVE & KOOL TALK ALL THINGS CRYPTO, Jul 10, 2024 · Episode page

In context
0:14:16 Dave @DCBK2LA (speaker unconfirmed): Oh, yeah. When they were paying people to, like, house barrels? Like, yeah. I actually do remember that.
0:14:22 NatNat @Natnatx007 (speaker unconfirmed): Yeah. Correct. So then I bought a whole bunch of oil on the stock market, and so then they're taxed differently towards the end of the year. You would also... Yeah. So you would need, like, a CPA to see how much percentage you owe, how much did you sell, whether they're long term, short term investments like that. They're not taxed exactly like a security.
0:14:49 Dave @DCBK2LA (speaker unconfirmed): Interesting. Very, very interesting. Okay. I'm really curious to know exactly how they are taxed, honestly. Like, I really am, like, super, super interested into how they're... How they would be taxed. So, yeah, if anybody has that kind of info, I mean, I could look it up, obviously. But... Yeah. Cool. What are we thinking? Any any chime in on the CFTC commodity versus security thing? I mean, I feel like this is an…
Show discussion only, not financial advice. Transcripts are auto-generated.
