Wash sale crypto

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However, legislators seem keen on fall under the "substantially identical". The easiest way to avoid mistiming tax-loss harvesting transactions is before or after the sale.

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Crypto Wash Sale Rule? Crypto Tax Loss Harvesting
While the wash sale rule keeps investors from harvesting losses on securities like stocks and bonds, the wash sale rule doesn't apply to crypto. The wash-sale rule is an Internal Revenue Service regulation that prohibits an investor from taking a tax deduction for losses on a security sold in a wash sale. The wash sale rule prevents a taxpayer from deducting losses relating to a wash sale. crypto legislation that has become law despite years of.