Capital Gains Tax vs Wash Sale Rule
Quick comparison to help you distinguish these two crypto terms.
Capital Gains Tax
beginner
fundamentals
A government tax applied to the profit earned when you sell or dispose of an asset, such as cryptocurrency, for more than its original purchase price.
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intermediate
risk
A US tax rule that disallows a capital loss deduction on a security sold at a loss if the same or substantially identical security is repurchased within 30 days before or after the sale.
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