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Can You Write Off Your Crypto Losses? (Learn How) - CoinLedgerYes, cryptocurrency losses can be used to offset taxes on gains from the sale of any capital asset, including stocks, real estate and even other. The IRS concluded that taxpayers cannot claim a deduction for certain cryptocurrency losses that have substantially declined in value. There is no limit to how much cryptocurrency losses you claim. If your loss exceeds your net gain and $3, of income for the year, it can be rolled forward.
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