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The IRS Wants to Tax Your Frozen Crypto
Bloomberg Crypto
Can I Claim a Loss on a $10,000 Crypto?
The IRS put out guidance in January, stating that even if you see this really major shift in value, say you had $10,000 value and it's now to $5,000. Even if it went from $1 to a cent, it still has worth," she said. "If you are generating income from an asset, you are going to be taxed on it"
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