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Wash sale loss disallowed on Bitcoin?
I have no 1099-B from the exchange, can wash sale loss nevertheless still be considered disallowed? Also, are cryptocurrencies still considered exempt from the wash sale rule? My understanding is that Bitcoin in particular was ruled as a commodity years ago, though there is a recent trend in which the SEC (not yet IRS) is increasingly viewing cryptocurrencies in general as unregistered securities.
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‎April 22, 2024
6:15 AM