Hi guys,
I'm in a bit of a bind. Basically I dealt with a gambling addiction until late last year. During that time, I gambled significant sums on crypto gambling sites. I'm in the process of getting my transaction summaries from all the different crypto exchanges I used.
How would I go about finding my tax obligation? For what its worth, the amount of money I lost was significantly more than I won so I definitely did not get any financial gain. But I do understand that a CGT event was triggered everytime I disposed of bitcoin. Does 'dispose' include everytime I gambled or is it just whenever I sold the BTC to AUD?
I'm slightly panicking here so any help would be appreciated!
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