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ClarissaA1
Employee Tax Expert
Employee Tax Expert
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I am a practicing attorney, with 19 years of tax preparation experience.
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  • Sorry to be the bearer of bad news, but there is no tax write off for the potential lost gains while your funds were inaccessible during a crypto exchange's ban...
    ClarissaA1
    Updated Nov 15, 2023
  • Yes, an exchange of one cryptocurrency for another cryptocurrency does trigger a reporting requirement. The IRS views the exchange as a sale. So if you have et...
    ClarissaA1
    Updated Nov 15, 2023
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