I have a loss from cryptocurrency, but it is fairly small and I really don't care about claiming the loss against my income, can I just ignore the loss?

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You can choose not to claim your small capital loss. However, there has been case where the IRS will question you about your sales of cryptocurrencies and will try on tax you on the gross proceeds as they may have no report of cost bases.

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I reached out to the IRS and was told I needed to fill out a 1040X tax return. This is because I claimed unemployed as earned income. How do I fill this ?

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I have a loss from cryptocurrency, but it is fairly small and I really don't care about claiming the loss against my income, can I just ignore the loss?

I have a loss from cryptocurrency, but it is fairly small and I really don't care about claiming the loss against my income, can I just ignore the loss?

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I have a loss from cryptocurrency, but it is fairly small and I really don't care about claiming the loss against my income, can I just ignore the loss?

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I have a loss from cryptocurrency, but it is fairly small and I really don't care about claiming the loss against my income, can I just ignore the loss?

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