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VIDEO Elon Musk says bitcoin tax-loss harvesting.
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Lost money on crypto? Wash sale rules don�t apply YETA wash sale occurs when you sell an asset at a loss and repurchase the same or substantially identical asset within 61 days, 30 days before and. *The wash sale rule says that if you have an investment that has lost money and you sell it, you can't buy it back within 30 days before or. Cryptocurrency is exempt from wash sale rules. The IRS classifies virtual currency as property. This means crypto follows the same rules as stocks and.
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