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Congress’ plan to slap wash-sale rules on Bitcoin could leave everyday crypto use in limbo, research firm warns
・A draft crypto tax bill from Senator Cynthia Lummis and the Miller-Horsford PARITY Act, have been proposed to extend the wash-sale rules to all digital assets, not just stocks. ・In a report by Coin ...
Be aware of the wash sale rule enforced by the IRS. The rule is important for investors reassessing their market positions and looking to sell and repurchase declining stocks to offset losses.
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