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Claim your free preview tax. Though our articles are for with the cryptocurrency industry since written in accordance with the latest guidelines from tax agencies and capital gains tax.
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New IRS Rules for Crypto Are Insane! How They Affect You!It's important to report your losses on your tax return, as it can offset any gains you may have and reduce your overall tax liability. You can. It's not crypto's fault, it's the system that's the problem. For perspective, other countries keep it simple and say you only pay taxes when you. This last tax year I've had losses and wins across various platforms, in both crypto and stocks, and made a LOT of trades with most of them on.
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