Quote from: BitMagic on October 27, 2011, 03:06:55 AM

Quote from: stic.man on October 27, 2011, 02:31:54 AM

fuck i hope it's not an issue, already bought a house with some of it

You're only really at risk if you get audited. But if you get audited, get ready to pay some serious taxes. That sounds like a lot of money to hide from the IRS.

You're only really at risk of being audited if you brag on a public forum where the IRS can subpoena your account info and IP address history.

BTW, if Madoff ponzi losers get to write off their losses, we should be able to also! This was allowed because it was considered theft - theft losses can be written off. You can perhaps write off the value of mybitcoin holdings in dollar, at the time they went poof, etc. if you want to be creative.