"Hey guys, I'm at my wit's end. Just got hit with a huge tax bill due to crypto gains and I have no idea how to file it correctly. Can anyone break down the basics for me on how crypto is taxed and what I need to report?"
"Bros, I feel you - crypto taxes can be wild. From what I've researched, it seems like the US wants you to report capital gains/losses on your taxes, while the IRS doesn't consider crypto itself income. Anyone else have experience with this?"
"Hey guys, just wanted to chime in. From what I understand, crypto taxes are a nightmare, but it's mostly down to your specific situation. Anyone who's been around for a while knows that the IRS considers crypto as property, not income, so it's all about capital gains vs. ordinary income."