For The Year January 1--December 31, 2012, Or Other Tax Year , 2012, And Ending: Fill & Download for Free

Bitcoin is currently experiencing a bull run and its not stopping anytime soon.What Is A Bitcoin Bull Run?In finance and economics, you may have heard the terms ‘bull market’ and ‘bear market’ being used. These are references to the overall trend a chart is showing. If a chart is bearish, this means the trend looks like it’s going down. Conversely, if the chart is bullish the trend indicates the price will continue to rise.Every three years or so, we approach a period known as the ‘Bitcoin Bull Run’. Nobody knows exactly when a Bitcoin bull run will begin or end. However, some key indicators can help traders predict when trends have reversed.Bitcoin’s bull run history indicates that a bull run will occur shortly after the halving event. The halving event occurs every 3-4 years or so (or every 210,000 blocks mined). Miners are nodes (computers) that do all the computational processing to mathematically verify transactions and append blocks to the blockchain. For every block added, the miner receives a reward in Bitcoin. At each halving event, the reward for miners is cut in half.Mining Bitcoin is an expensive business and when the halving event occurs, mining profits are reduced significantly. Quite often, it can result in miners making a loss for several months. The price of Bitcoin needs to increase up to a point where it is profitable for miners to create Bitcoin, else the system would collapse.The amount of Bitcoin that can ever be mined is a hard cap of 21 million. The capped supply creates scarcity. The amount of Bitcoin put into circulation is reduced by 50% each halving, thus reducing inflation. Bitcoin is a deflationary asset, meaning that as the value of the dollar decreases, the value of Bitcoin increases.Investing in cryptocurrency is currently a trend but a lot of people do not know where and how to go about it. As far as investing is concerned, www.cryptomartfx,com has become a dominating force in the field by offering commission-free trades in addition to the ability to trade options, cryptocurrencies, and numerous other instruments.The platform provides investors alike with numerous options right from the palm of their hand through an innovative, user-friendly website.It is a tech-based start-up that has placed a lot of focus on changing the investing game by offering clients the ability to invest cryptocurrency without having to pay commissions. This has been the number one drawing force towards it.Bitcoin Bull Run HistoryMining Bitcoin once upon a time could be done through using an everyday home desktop computer. As per the Bitcoin whitepaper, the capacity to mine Bitcoin has become increasingly more difficult as the network of nodes widens and hash power grows. Thankfully, the facilities for storing Bitcoins have become increasingly easier! You can read about the full History of Bitcoin Wallets to discover the first-way people were able to hold Bitcoin. (Spoiler: it included downloading the entire blockchain!)Below, we’ve shown a breakdown of the Bitcoin bull run history over time, and what it can potentially indicate to watch out for this time around. It is important to familiarize yourself with the Bitcoin bull run history when investing in cryptocurrency. This gives you a more well-rounded perspective of the volatility of price movements, and potentially some buying or selling indicators. It’s worth noting though that although history doesn’t repeat itself, it often rhymes.2010 - 2011 Bull RunThe Bitcoin whitepaper was released on Halloween date 31st October 2008. On January 3rd, 2009 Satoshi Nakamoto (the anonymous developer behind Bitcoin) mined the genesis block of Bitcoin. In 2010, the price of Bitcoin soared from $0.0008 to $0.08 in July 2010.In February 2011, history was made when the price of 1BTC was equivalent to $1. This made Bitcoin seem like a legitimate currency to speculators and more appealing to investors. So much so, during the middle of the year, Bitcoin reached its peak bull run price of $31 in June. Toward the end of the year in October, however, Bitcoin was worth just over $2. That was a 94% drop signifying the beginning of a bear market. The largest drop in a Bitcoin bull run history.2013 Bull Run2013 was a strong year for Bitcoin. The Bitcoin hype started strong with WordPress announcing they were beginning to accept Bitcoin as payment in December 2012. In February 2013, Bitcoin was sitting around the peak of the 2011 Bitcoin bull run price, at $31.On April 1st, Bitcoin’s market cap had hit the $1 billion mark, with 1 BTC valued at $104. The price continued to rise to $262 over the following weeks before crashing down to $120 within 6 hours. In May, the networking of Bitcoin really began to take off with programmers and venture capitalists meeting at various Bitcoin conferences around the world. In October, the price was sitting at $158 before peaking at $1,153 in December.The following year saw one of the largest Bitcoin exchanges close down after a hack, with over 650,000 BTC stolen. Mt Gox has since been able to recover 200,000 BTC, however, the value of the funds stolen totaled just over $450 million - pushing the exchange into insolvency. In 2014, the BTC price fell 85% bottoming out at $127.2017 Bull RunAccording to Bitcoin bull run charts, Bitcoin started 2017 at around $970. The price swiftly rose to just over $1100, before a steep decline to $730 all within the first 12 days of the year. However, 2017 was a busy year for crypto - with more interest and investors than ever before. The ICO (initial coin offering) model was becoming the go-to for investors hoping to make big gains on new projects launching within the space. Sadly though, a lot of these ICOs were scams, with individuals, teams, or developers shortly disappearing with funds once investors were sold on the project. This led to the ICO bubble bursting the following year, in early 2018.However, in the meantime, Bitcoin was slowly and surely creeping up in price throughout 2017. It reached it’s previous all-time-high level in March, with mini Bitcoin bull runs occurring every couple of months or so, followed by a bearish few weeks throughout the year. On 1st December, 1BTC was equivalent to approximately $10,900. On December 17th, the price had nearly doubled reaching just over $20,000 on some exchanges. This was the top of the previous bull run, before bottoming out at it’s lowest price of $3,191 in March 2020. That’s an 84% drop from its all-time-high levels.2020This year, on December 17th, Bitcoin smashed through the previous $20,000 all-time-high price reaching $24,000, despite the price crash in March due to the pandemic. Bitcoin has bounced back faster and stronger than the traditional financial markets and looks bullish as ever as we enter the new year.Whenever there is a significant move within Bitcoin, alongside the halving event, there is often another narrative coming into the scene. In 2012, the hype was Bitcoin itself, and reaching the $1 mark psychologically made people understand the concept of a digital currency a bit more. The 2015 main narrative which catalyzed the ICO boom, was ‘ETH but ‘X’’. This is referring to the number of projects created that set out to be ‘Ethereum but better’, ‘Ethereum but faster’, etc.The year 2020 has brought about decentralized finance, or DeFi. Hundreds of DeFi applications have been built on the Ethereum network, with more corporate interest and involvement than ever before. This leads us nicely into what could be different about the Bitcoin bull run 2021.What’s Different About The Bitcoin Bull Run 2021?There is more excitement and investors in 2020 than in the entire previous Bitcoin bull run history. This is generating marketwide predictions of new all-time-highs in the Bitcoin bull run 2021, ranging from $50,000 to $400,000 per BTC!Over recent weeks, as Bitcoin smashed $20,000, there have been a few 10-15% price drops, which have been bought up within minutes. There is a lot of speculation with institutional investment, and large publicly-traded companies transferring their liquid assets into Bitcoin. MicroStrategy has now purchased over 70,000 BTC, with holdings worth just shy of $1.6 billion. As of November, Grayscale, one of the United States’ largest hedge funds, holds over 2.6% of the circulating supply of Bitcoin. In addition to this, Grayscale has also started investing in Ethereum, reportedly holding more than 2% of circulating supply also.With such extreme buying pressure never seen before, dips are being bought up in a flash. Questions are being raised as to whether we will see such dramatic pull-backs and price corrections throughout the Bitcoin bull run 2021. Also, more people are searching to learn how to protect their wealth in times of economic crisis. The answer, of course, is Bitcoin.For anyone new to cryptocurrency or unsure how to get involved, check out Ivan on Tech Academy’s Crypto Basics course! It covers everything you need to know to get started investing in Bitcoin and other cryptocurrencies! Or if you’d like to know more about how Bitcoin works on a fundamental level, have a look at our Blockchain & Bitcoin 101 course. 14-day money-back guarantee!How To Protect Your Wealth When Investing In CryptocurrencyIt is crucial to have some knowledge about how to protect your wealth to be able to save and make a stable living. However, this is not something we are taught in schools. Ivan on Tech Academy is a great place to start learning how to protect your wealth. We offer valuable information, particularly when investing in cryptocurrency, as to how to avoid many beginner mistakes of trading or investing.With the potential Bitcoin bull run 2021 set to likely see more interest and investment than ever before, we have listed a few key tips to avoid getting rekt in the bull market. Investing in cryptocurrency has the potential to drastically change one's life for the better, or worse - if you don’t know what you’re doing.DYOR (Do Your Own Research)This is the top number one tip and can not be stressed enough. See our Essential Research Tools guide if you’re unsure of the best ways to carry this out. Be sure to check out the team behind a project, and see if it fits with the narratives around 2020/2021’s hottest projects: Baseline, Oracles, Lending, Derivatives (read more hottest trends here!).Don’t Bet The FarmDollar-cost averaging (DCA) has statistically been the most cost-efficient way of investing. Investing a small amount on a frequent basis can reduce many of the risks associated with trading. By investing small amounts over a longer period during a bull market, investors often increase the probability of making a reliable profit. Nonetheless, only invest what you can afford to lose. If you want to speculate, make sure that you manage risk.Don’t Be GreedyMake sure to have a strategy in place for taking profits. Are you willing to hodl for a year? 10 years? Perhaps you want to allocate a small portion of your portfolio to more speculative assets. For instance, you may wish to dabble in some volatile new altcoins. When doing so, consider an exit strategy. How high a return do you want to get from this trade?It’s important not to be greedy during the Bitcoin bull run 2021. Never take out a loan to buy crypto. Only ever invest what you can afford to lose, and finally, never bet the farm!Avoid Getting Rekt By TaxAt the end of the financial year get an accountant to calculate your tax due and cash it out in fiat by the end of December. Any gains made between January and December within a year must be calculated. Many people did not consider this in previous bull runs. After making substantial gains, followed by a price crash without having taken profits, left a lot of people in debt to the taxman the following year. For the Bitcoin bull run 2021, this will be calculated from gains made between January 1st - December 31st, 2021.BSI IndicatorThe Ivan on Tech Academy BSI Indicator for TradingView is a next-generation tool that combines on-chain analysis with technical analysis. Using the BSI Indicator helps you time the market with way more success. Furthermore, the BSI indicator can help you find tops and bottoms with greater probabilities. Using this you can find the perfect time to enter and exit a trade!Bitcoin Bull Run 2021 SummaryIn summary, Bitcoin has shown some extremely volatile price action over the years. This is definitely something worth bearing in mind when investing in cryptocurrency. On the other hand, this time around, the Bitcoin bull run 2021 appears set to have institutional backing, waiting to buy up the dip if the price crashes!Investing in cryptocurrency has never been easier. Thousands of Bitcoin ATMs have been installed around the globe. There are new exchanges and protocols to gain exposure to Bitcoin without the responsibility of holding private keys. For example, in October we saw the announcement of PayPal integrating cryptocurrencies for its 300+ million users. People can easily buy and trade Bitcoin and other cryptocurrencies with one of the world’s largest payment merchants.Another global payment merchant giant, Visa, has announced several partnerships throughout 2020, introducing crypto debit cards. This is a perfect example of how using and spending cryptocurrency is set to become mainstream with this kind of adoption.Be careful - doing your own research and taking full responsibility for your wealth management is key to learning how to protect your wealth. Hopefully, these tips will help you in making decisions when investing in cryptocurrency.Are you new to investing and trading? Check out the Technical Analysis 101 course by Ivan on Tech Academy, to learn all you need to know to get started! Knowledge of technical analysis will provide you with an edge in the coming Bitcoin bull run 2021, understanding the emotions of the charts. Also, our FinTech 101 course is ideal for anyone wanting to learn more about the integration of crypto into the traditional financial system!

From the IRSElection to File Joint ReturnIf, at the end of your tax year, you are married and one spouse is a U.S. citizen or a resident alien and the other is a nonresident alien, you can choose to treat the nonresident as a U.S. resident. This includes situations in which one of you is a nonresident alien at the beginning of the tax year, but a resident alien at the end of the year, and the other is a nonresident alien at the end of the year.If you make this choice, the following rules apply:You and your spouse are treated, for income tax purposes, as residents for all tax years that the choice is in effect,You must file a joint income tax return for the year you make the choice, andEach spouse must report his or her entire worldwide income on the joint income tax returnIf you make this choice, you and your spouse are treated as residents for your entire tax year for the purpose of your federal individual income tax return, and for the purpose of withholding U.S. federal income tax from your wages.In addition, you may still be treated as a nonresident alien for the purpose of withholding Social Security and Medicare tax. Refer to Aliens Employed in the U.S. – Social Security Taxes.Generally, neither you nor your spouse can claim tax treaty benefits as a resident of a foreign country for a tax year for which the choice is in effect and you are both taxed on worldwide income. However, the exception to the saving clause of a particular tax treaty might allow a resident alien to claim a tax treaty benefit on certain specified income. You must file a joint income tax return for the year you make the choice, but you and your spouse can file joint or separate returns in later years.Example:Pat Smith has been a U.S. citizen for many years. She is married to Norman, a nonresident alien. Pat and Norman make the choice to treat Norman as a resident alien by attaching a statement to their joint return. Pat and Norman must report their worldwide income for the year they make the choice and for all later years unless, the choice is ended or suspended. Although Pat and Norman must file a joint return for the year they make the choice, as long as one spouse is a U.S. citizen or resident, they can file either joint or separate returns for later years.How to Make the ChoiceAttach a statement, signed by both spouses, to your joint return for the first tax year for which the choice applies. It should contain the following:A declaration that one spouse was a nonresident alien and the other spouse a U.S. citizen or resident alien on the last day of your tax year, and that you choose to be treated as U.S. residents for the entire tax year, andThe name, address, and social security number (or individual taxpayer identification number) of each spouse. (If one spouse died, include the name and address of the person making the choice for the deceased spouse.)You generally make this choice when you file your joint return. However, you can also make the choice by filing a joint amended return on Form 1040X, Amended U.S. Individual Income Tax Return (PDF). If you make the choice with an amended return, you and your spouse must also amend any returns that you may have filed after the year for which you made the choice.You generally must file the amended joint return within 3 years from the date you filed your original US income tax return or 2 years from the date you paid your income tax for that year, whichever is later.Suspending the ChoiceThe choice to be treated as a resident alien does not apply to any later tax year if neither of you is a US citizen or resident alien at any time during the later tax year.Example:Dick Brown was a resident alien on December 31, 2010, and married to Judy, a nonresident alien. They chose to treat Judy as a resident alien and filed a joint 2010 income tax return. On January 10, 2011, Dick became a nonresident alien. Judy had remained a nonresident alien. Since neither Dick nor Judy is a resident alien at any time during 2011, their choice to treat Judy as a resident alien is suspended for that year. For 2011, both are treated as nonresident aliens. If Dick becomes a resident alien again in 2012, their choice to treat Judy as a resident alien is no longer suspended. Since Dick is a resident alien, they can again choose to treat Judy as a resident alien and file a joint 2012 income tax return.Ending the ChoiceOnce made, the choice to be treated as a resident applies to all later years unless suspended (as explained above) or ended in one of the ways shown below. If the choice is ended for any of the reasons listed below, neither spouse can make a choice in any later tax year.Revocation by either spouseDeath of either spouseLegal SeparationInadequate recordsFor a more detailed explanation of these items, refer to the section titled Ending the Choice in Chapter 1 of Publication 519, U.S. Tax Guide for Aliens.Note: If you do not choose to treat your nonresident spouse as a U.S. resident, you may be able to use head of household filing status. To use this status, you must pay more than half the cost of maintaining a household for certain dependents or relatives other than your nonresident alien spouse. For more information, refer to Head of Household and Publication 501, Exemptions, Standard Deduction, and Filing Information.Special SituationsIf you are a nonresident alien from American Samoa or Puerto Rico, you may be treated as a resident alien.If you are a nonresident alien in the United States and a bona fide resident of American Samoa or Puerto Rico during the entire tax year, you are taxed, with certain exceptions, according to the rules for resident aliens of the United States. For more information, see chapter 5 of Publication 519, U.S. Tax Guide for Aliens.If you are a nonresident alien from American Samoa or Puerto Rico who does not qualify as a bona fide resident of American Samoa or Puerto Rico for the entire tax year, you are taxed as a nonresident alien.Resident aliens who formerly were bona fide residents of American Samoa or Puerto Rico are taxed according to the rules for resident aliens.Social Security NumberIf your spouse is a nonresident alien and you file a joint or separate return, your spouse must have either a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN). To get an SSN for your spouse, apply at a social security office or U.S. consulate. You must complete Form SS-5. You must also provide original or certified copies of documents to verify your spouse's age, identity, and citizenship. If your spouse is not eligible to get an SSN, he or she can file Form W-7 with the IRS to apply for an ITIN. Refer to Taxpayer Identification Numbers (TIN) for more information.References/Related TopicsU.S. Citizens and Resident Aliens Abroad - Filing RequirementsNote: This page contains one or more references to the Internal Revenue Code (IRC), Treasury Regulations, court cases, or other official tax guidance. References to these legal authorities are included for the convenience of those who would like to read the technical reference material. To access the applicable IRC sections, Treasury Regulations, or other official tax guidance, visit the Tax Code, Regulations, and Official Guidance page. To access any Tax Court case opinions issued after September 24, 1995, visit the Opinions Search page of the United States Tax Court.

How many of Obama’s team were arrested and convicted compared to Trump’s?How do you define “team”? If you mean any campaign-related arrests/conviction, then President Obama’s “team” had none.The Executive Branch itself had a few hiccups in the eight years President Obama was in office:In 2012, General David Petraeus, Director of the CIA, resigned and pled guilty to a misdemeanor charge of mishandling classified materials. He was given a two-year probationary period and a fine of $100,000.Martha N. Johnson , head of the General Services Administration, fired two top GSA officials and then resigned herself after it was revealed that $822,000 had been spent in Las Vegas on a four-day training conference for 300 GSA employees. No charges have been brought against anyone.Terence Flynn, an appointee of Barack Obama to the National Labor Relations Board, resigned in May 2012 after being accused of serious ethical violations by leaking information to the National Association of Manufacturers. No charges were brought.Attorney General Eric Holder was held in Contempt of Congress in 2012 after refusing to release all documents which the House of Representatives had demanded concerning the Fast and Furious gun walking operation. He did not resign and no charges were brought.In 2013, the IRS admitted to inappropriate investigation of conservative political groups associated with the Tea Party that may not have met the criteria for certain tax exemptions. Later, it was found that the IRS investigated groups with the label "progressives" as well. The president demanded and accepted the resignation of Steven T. Miller, Acting Commissioner of the Internal Revenue Service. No charges were brought against anyone involved. Two other lower-level IRS officials also resigned. No charges were brought against anyone.In 2014, officials in the Phoenix, VA hospital lied about how long the wait times were for veterans to see a doctor. The newly selected Secretary of Veterans Affairs, General Eric Shinseki, voluntarily resigned. No charges were brought against anyone.Katherine Archuleta, Director of the Office of Personnel Management, resigned on July 10, 2015, after cyber intrusions allowed the theft of data concerning 22 million people, some of whom had applied for sensitive security clearances. No charges were brought against anyone.And, of course, there’s the never-ending “Hillary! Emails! Benghazi!” crap that has not, in all the years, man-hours, and tax dollars spent, come up with more than “oooo… she deleted a three emails that had a couple lines each marked “classified”. No charges have ever been, or ever will be, brought.Trump’s “team” has been in office a hair over two years, and the investigations are still going on:Paul Manafort 2016 Campaign Chairman to President Donald Trump (R) was convicted of bank fraud and filing false tax returns to hide funds.Scott Pruitt, Administrator of the Environmental Protection Agency resigned citing increasing numbers of investigations into his administration. The EPA's own Chief Ethics Official had been pushing for independent studies into Pruitt's actions and 13 other separate investigations were under way, including alleged corruption for personal gain, salary increases without White House approval, use of government staff on personal projects and unnecessary spending on offices and security. He resigned July 5, 2018 No charges have been brought yet.Albert Kelly, EPA Superfund Task Force Director and top aide to EPA Chief Scott Pruitt resigned amid scrutiny of his previous actions as leader of a bank in Oklahoma which led to $125,000 fine and lifetime ban from banking. (2018) - This one probably shouldn’t count against trump, since the alleged crimes were committed before he was chosen for the trump administration.Pasquale "Nino" Perrotta EPA Security Administrator resigned after allegations of lavish spending and improper contracts (2018) No charges have been brought yet.Samantha Dravis, EPA Associate Administrator and Senior Counsel in the Office of Policy resigned abruptly after allegations of being a no show employee. (2018) No charges were appropriate or filed.Foreign policy advisor George Papadopoulos pled guilty to making false statements to FBI agents relating to contacts he had with agents of the Russian government while working for the Trump campaign. He was sentenced to 14 days in prison, 12 months probation, and 200 hours community service.(2017 )Michael Flynn, National Security Advisor, was forced to resign on February 13, 2017, over conversations he had with Russian envoys about sanctions during the transition. On December 1, 2017, Flynn pled guilty to charges of lying to the FBI as a plea bargain in exchange for cooperation against another Trump transition official who directed his alleged communications with the Russian government. (2017)Dr. William C. Bradford resigned from the United States Department of Energy Office of Indian Energy amid reports that he had made racial slurs directed at Barack Obama on Disqus and Twitter. Bradford had claimed that some of the comments were the result of identity theft and not his. (2017] No charges were filed against him.Tom Price Health and Human Services Secretary, was forced to resign on September 29, 2017, after it was discovered that he spent hundreds of thousands of taxpayer dollars on private flights. No charges have been brought against anyone.Center for Disease Control Director Dr. Brenda Fitzgerald was forced to resign on January 31, 2018, after it was discovered that she bought stock in tobacco, the leading cause of preventable death in the US, and creating a conflict of interest. No charges have been brought against anyone.Taylor Weyeneth, Deputy CoS at the White House Office of National Drug Control Policy resigned when it was revealed the 24 year old had no qualifications for the position and no related work history other than working on President Trump's campaign (2018). No charges were appropriate or brought against anyone.David Sorensen, White House speechwriter, resigned after his ex-wife Jessica Corbett came forward with abuse allegations. (2018) - this one shouldn’t count – this is a personal criminal matter not related to his work with trump.Vivieca Wright Simpson, Chief of Staff to Secretary of Veterans Affairs David Shulkin, resigned after an inspector general report charged that she altered an email to make it appear Shulkin was getting an award during a trip to Europe in order to gain approval to use taxpayer dollars to pay for Shulkin's wife to accompany him. No charges have been brought yet.Rob Porter, White House Staff Secretary, resigned from the position on February 7, 2018, following public allegations of spousal abuse from his two ex-wives. Chief of Staff John F. Kelly had known about the allegations since October 2017, still promoting Porter after they were proven. Kelly told reporters on March 2, 2018, that he sought Porter's resignation immediately after learning of the accusations on February 6 and regretted his handling of Porter's departure, statements that were at odds with earlier White House statements and congressional testimony by FBI Director, Christopher Wray. - Porter’s actions were personal and shouldn’t count against trump, but Kelly’s were official so they do.Tony Tooke Chief of the US Forest Service, resigned after a series of sexual harassment and retaliation accusations. (2018) – this one counts because he was doing these things under his authority as Chief of the USFS. No charges have been brought against him yet.Rick Gates, 2016 Deputy Campaign Chairman to President Donald Trump, pled guilty to conspiracy and lying to investigators concerning his work lobbying with Ukraine as well as tax and bank fraud (2018) No charges have been brought against him yet.Michael Cohen, Personal Attorney to Trump and Vice President to the Trump organization, pleaded guilty to tax evasion, bank fraud and illegal campaign contributions. He also helped arrange non-disclosure agreements to Stormy Daniels and Karen McDougal who allegedly had affairs with Trump. Cohen pled guilty to eight counts of tax evasion and making false statement.(2018)Edit: Once again, I have had to disable comments because so many people can't seem to understand when they should comment on an answer and when they should post their own answer.