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You can apply those losses against other capital gains to.
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You can apply those losses against other capital gains to.
However, there may be circumstances where preferred stock, for example, may be considered substantially identical to the common stock. To investors, a wash has tax implications. Does It Apply to Crypto? Other bills are expected in the future that would apply the wash sale rules to cryptocurrencies. Providing that the IRS must not recognize crypto assets provided to a taxpayer through a fork or airdrop as gross income until the taxpayer exercises control over the asset.