Wash sale rules do not apply to bitcoin, ethereum, dogecoin

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Because the IRS classifies digital currencies like bitcoin as property, losses on crypto holdings are treated much differently than losses on stocks and mutual funds, according to Onramp Invest CEO Tyrone Ross. With crypto tokens, wash sale rules don't apply, ...

from Google Alert - Business https://ift.tt/3kVT20g
Because the IRS classifies digital currencies like bitcoin as property, losses on crypto holdings are treated much differently than losses on stocks and mutual funds, according to Onramp Invest CEO Tyrone Ross. With crypto tokens, wash sale rules don't apply, ... https://ift.tt/eA8V8J

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