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I am petrified. Just discovered my net proceeds from Bitcoin from Cash App was $43,255.92 for the 2021 tax year. My tax appointment is coming up. Just how screwed am I?

Bitcoin Reddit

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Am I going to owe the government like $20,000?

EDIT: Update for visibility. Thanks for your help everyone. I'm on the cusp of determining how much I'm going to owe, if anything at all. I just commented below but it kind of got buried with the details. Please see the comment regarding a CSV file. Or looks like I can link directly to the comment didn't know you could do that...

Here it is: https://www.reddit.com/r/Bitcoin/comments/11ztr4g/i_am_petrified_just_discovered_my_net_proceeds/jdfdd2t/

EDIT #2: HurricaneHarvey7 brings up a good point I think may have been overlooked. This whole math of figuring everything out maybe a moot point if what he said is true.

Please see his comment here:

https://www.reddit.com/r/Bitcoin/comments/11ztr4g/i_am_petrified_just_discovered_my_net_proceeds/jdfabzc/

submitted by /u/CunningStat
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