How does the wash sale rule affect taxes on cryptocurrency trades?
Sergio LJul 16, 2024 · a year ago1 answers
Can you explain how the wash sale rule impacts the taxation of cryptocurrency trades?
1 answers
- Dima47714Dec 08, 2020 · 5 years agoAs a third-party cryptocurrency exchange, BYDFi is not able to provide specific tax advice. However, we recommend that our users consult with a tax professional to understand how the wash sale rule and other tax regulations may affect their cryptocurrency trades. It's important to stay compliant with tax laws and regulations to avoid any potential penalties or legal issues.
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