How will Sweepcash be taxed in the US in 2024?
3
Ṁ6118
Jan 1
94%
Redemption to USD will be taxable (ordinary income)
86%
Withdrawal to USD will be taxable (ordinary income with purchase deductible)
5%
Redemption to USD will be taxable (capital gain)
5%
Every transaction will be taxable (ordinary income)
3%
Every transaction will be taxable (capital gain)
2%
No taxation

Resolves based on the most credible legal advice available at the end of the year.

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sold Ṁ142 Redemption to USD wi... NO

oh I guess it's independent so two answers can resolve yes

Redemption to USD will be taxable (capital gain)
sold Ṁ141 Redemption to USD wi... YES

please don't rename options after people bet on them! or at least flag that if you do

@Ziddletwix Just reimbursed any Mana losses, sorry!

@jgyou no worries! nbd