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Cryptocurrency Oops
I made a mistake and sold a bunch of bitcoin last year, then I bought it back (it cost me more than I received).
Is there any way to avoid the capital gains on that?
RobertB4444Answer
Alumni - Intuit
Apr 6, 2022 11:26 PM UTC
No. When you sell it you will pay less in capital gains than you would have otherwise but because you sold it you're stuck with the taxes.
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