Stock sale reinvestment

[BBP167]

Mid 2020 I sold a large amount of long term stock and used that to purchase crypto. This sale raised my taxes for this year. Since I reinvested in crypto and did not hold the money can this be taken off my taxes?  If so what is the best approach.

Thanks 

[VolvoGirl]

No.  When you sell it doesn't matter what you did with it.  Unless it was in a retirement or 401K or IRA account.   Each transaction is separate.

[BBP167]

Thank you this helps. @VolvoGirl