Does the wash sale rule apply to crypto

does the wash sale rule apply to crypto

Bitcoin day trading strategies

The only exception occurs if original blockchain. In addition, if a wash selling stock to realize a is generally added to the cost basis of the new.

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Are Wash Sales Coming To Cryptocurrency!?
Since cryptocurrency is largely unregulated, it isn't a �security� so the wash sale rule does not apply. This means crypto has the same trading. The IRS wash-sale rule does not currently apply to cryptocurrency because the IRS considers virtual currencies to be property rather than. Currently, the wash sale rule applies only to securities (like stocks). However, Bitcoin and other cryptocurrencies are classified as property by the IRS. As a.
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Portfolio Tracker. The IRS says you must "consider all the facts and circumstances in your particular base" when making that determination. Attorney advertising. Cryptocurrency is taxed when you receive it as payment or have a transaction where you sell or trade it.