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Do wash sale rules apply to cryptocurrency transactions? I don't see a a place to enter that information, like I do in stocks.

 
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DawnC0
Intuit Alumni

Do wash sale rules apply to cryptocurrency transactions? I don't see a a place to enter that information, like I do in stocks.

No, wash sales apply to stocks and securities only.  For federal tax purposes, virtual currency is treated as property.   

Notice 2014-21  Virtual Currency Guidance

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1 Reply
DawnC0
Intuit Alumni

Do wash sale rules apply to cryptocurrency transactions? I don't see a a place to enter that information, like I do in stocks.

No, wash sales apply to stocks and securities only.  For federal tax purposes, virtual currency is treated as property.   

Notice 2014-21  Virtual Currency Guidance

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