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Crypto Tax Question — estimated tax penalty avoidance

Started by first_time_buyer_today · Dec 1, 2023 · 1,744 views · 9 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
FT
first_time_buyer_today OP

I've been trying to resolve this on my own but I'm stuck.

estimated tax penalty avoidance. I've been dealing with this for about 15 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but did not get a clear answer.

Should I hire a lawyer for this or try to handle it myself?

SA
seeking_advice_tenant_2025

NAL, but from what I've read, you should document everything. That said, definitely get a lawyer to look at the specifics.

JC
just_curious_student_GA

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

FT
frustrated_trader_legal

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

DB
desperate_buyer_help

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

NH
need_help_renter_TX

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

FT
frustrated_trader_question

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

TF
TechStartup_Founder

Been there. Here's what I learned.

What worked for me was having everything documented. It took 3-6 months but was worth it.

NR
NurseUnion_Rep

I went through almost the exact same thing.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.

WB
worried_buyer_help

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

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