Cryptocurrency Oops

Porcupine · ‎April 6, 2022

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?

RobertB4444 · ‎April 6, 2022

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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RobertB4444 · ‎April 6, 2022

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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