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How to Beat the IRS: Sell Your Bitcoin, Then Buy It Back in a Day

Por: MarketWatch Business November 02, 2022

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But many crypto investors should seriously consider selling their losers, even if just for a day. The reason? They can create tax losses through a loophole open to crypto investors that those holding stocks and other securities don’t enjoy. By selling their losers and locking in a loss, investors can offset capital gains they made elsewhere or often up to $3,000 a year of ordinary income. You can use these tax losses for years to come even if... + full article



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