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lucas_clark_artist lucas_clark_artist Sat Mar 30 2024 | 6 answers 1433

Can you claim a capital loss on cryptocurrency?

Good day, I am a long-time investor in the crypto market, and recently I have sustained significant losses due to the volatile nature of the market. Given my situation, I was wondering if I am able to claim a capital loss on my cryptocurrency investments? If so, could you please elaborate on the process and any potential tax benefits I may be eligible for? Thank you for your time and assistance.

Can you claim a capital loss on cryptocurrency?

|Topics at Cryptocurrency Q&A

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