What are the tax implications of the crypto wash sale loophole?

1 answers

• Nov 23, 2021 · 3 years ago
  As a third-party cryptocurrency exchange, BYDFi does not provide tax advice. However, it's important to note that the wash sale rules apply to all cryptocurrency traders and investors, regardless of the exchange they use. Traders and investors should consult with a tax professional to understand the specific tax implications of wash sales and ensure compliance with the IRS regulations.
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