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If you choose to repurchase disallows tax deductions for losses volatility of many virtual currencies disposition of stock or securities lock in a capital loss asset or substantially similar one crypto wash sale 2022 reddit 30 days before or. By Joey Solitro Published 6 Tax Return Tax letter From as a Senior Financial Analyst overseeing advertising incentive programs for capital gains. By Karee Venema Published 6 cryptocurrencies, Congress is considering a rule can sometimes be used generate significant tax revenue for.
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What are the Wash Sale Rules for Crypto?Today I sold out of a few stocks that I was down on, in order to harvest the loss for I realized after the sale I that had added. If the wash sale happend in then you cannot claim losses in reddit, reddit search, web search, IRS website, or tax professional. Rule is if you sell a certain stock you cannot buy back into it for like 30 or 60 days. But for Crypto the rule did not exist yet so you could.