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What is the wash sale wash sale rule. Because you can ignore the wash sale rule, you can sell coins during market declines sell or trade it quickly buy crjpto those coins as prices bottom out.
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10 Top Countries for Crypto Investors: ZERO Crypto TaxYes, the wash-sale penalty rule applies to crypto and other assets subject to capital gains taxes. However, there is no proper legislation in. The US wash sale rule occurs when an individual investor sells or trades an asset at a loss and buys back a "substantially identical" asset. Generally, the wash-sale rule disallows tax deductions for securities sold at a loss, that are replaced with the same, or a �substantially.
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