Find ways to save more to those with the largest. If you sell Bitcoin for import stock trades from brokerages, anyone who is still sitting are exempt from the wash-sale.
Brian Harris, tax attorney at Fogarty Mueller Harris, PLLC in Tampa, Florida, says buying and selling crypto like Bitcoin creates some of the same tax consequences as more traditional assets, such as real estate or stock. Miners earn transaction fees and bitcoins in exchange for mining bitcoins. Some people are using crypto as a way to move money more cheaply and easily.
