stvnguan
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@Opus 17Thanks for the clarification. However, the definition of "recognize a loss" (which is the wording they use in the Q&A) is that you can deduct the loss f...
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@Opus 17@NCpersonI know we've discussed this already, but according to question 16 onhttps://www.irs.gov/individuals/international-taxpayers/freque[product key ...
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@Rick19744Thanks for your reply. Some confusion: on your last bullet point, technically I didn't turn my virtual currency into real currency to then purchase a ...
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@Opus 17In my case, I definitely wouldn't consider my BTC a personal-use property since I bought it as an investment. So according to the IRS FAQs I would be ab...
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Okay, so the real situation is this: I want to buy something for ~$17,000 (a watch which is also an asset?), but my credit limit would make that process difficu...
Activity Feed for stvnguan
- Posted Re: If I pay someone back by sending BTC from my wallet to theirs, and the BTC is worth less than when I bought it, can I claim a capital loss even though I never sold BTC? on Investors & landlords. August 8, 2022 5:36 PM
- Posted Re: If I pay someone back by sending BTC from my wallet to theirs, and the BTC is worth less than when I bought it, can I claim a capital loss even though I never sold BTC? on Investors & landlords. August 8, 2022 5:04 PM
- Posted Re: If I pay someone back by sending BTC from my wallet to theirs, and the BTC is worth less than when I bought it, can I claim a capital loss even though I never sold BTC? on Investors & landlords. August 8, 2022 3:29 PM
- Posted Re: If I pay someone back by sending BTC from my wallet to theirs, and the BTC is worth less than when I bought it, can I claim a capital loss even though I never sold BTC? on Investors & landlords. July 29, 2022 2:59 PM
- Posted Re: If I pay someone back by sending BTC from my wallet to theirs, and the BTC is worth less than when I bought it, can I claim a capital loss even though I never sold BTC? on Investors & landlords. July 29, 2022 2:13 PM
- Posted Re: If I pay someone back by sending BTC from my wallet to theirs, and the BTC is worth less than when I bought it, can I claim a capital loss even though I never sold BTC? on Investors & landlords. July 29, 2022 7:22 AM
- Posted If I pay someone back by sending BTC from my wallet to theirs, and the BTC is worth less than when I bought it, can I claim a capital loss even though I never sold BTC? on Investors & landlords. July 28, 2022 7:31 PM