Home Ideas How to Write Off Crypto Losses on Your Taxes

How to Write Off Crypto Losses on Your Taxes

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One of the big downsides to cryptocurrency is the dizzying price swings that can decimate your investment, but there’s a silver lining to taking a big hit: tax loss harvesting. Due to a quirk in the way the IRS classifies crypto, you can strategically sell your crypto at a loss, repurchase it before the price…

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Source: LifeHacker.com