Tax-Loss Harvesting vs Wash Sale Rule
Quick comparison to help you distinguish these two crypto terms.
Tax-Loss Harvesting
intermediate
strategy
A tax strategy where investors deliberately sell cryptocurrency at a loss to realise capital losses that offset capital gains, reducing overall tax liability for the year.
Read full definitionWash Sale Rule
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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