moosa27
Returning Member

Get your taxes done using TurboTax

@DavidT0202

1- If my bitcoin sale counts as capital gain, why would it be subject to the $3000 cap? It doesn't count as ordinary income, right?

2- Another question, what happens if I sell my bitcoin next year, not this year? I claim $3000 off my ordinary income this year, and then the next year I can offset $17000 of my bitcoin capital gain based on my loss carryover from this year?