Wash sale rule bitcoin

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Understanding the Wash Sale Rule
The wash sale rule doesn't apply to crypto losses or gains for any asset. Still, the tax gain strategy allows you to sell at a gain and pay no. Generally, the wash-sale rule disallows tax deductions for securities sold at a loss, that are replaced with the same, or a �substantially. 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.