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Nice them them to remind all the crypto people to deduct their 2022 losses!
by kylecordes 4y ago
Nice them them to remind all the crypto people to deduct their 2022 losses!
- 2muchcoffeeman 4y agoIn AU you can only deduct capital losses against capital gains. What is the situation in the US?
- zerocrates 4y agoCapital losses directly offset capital gains, but if you have excess losses, you can deduct a relatively small amount of them from general income: a few thousand dollars. And if you have more than that limit you can carry them over to later tax years.
- adastra22 4y agoSame
- sbelskie 4y agoCapital losses can exceed capital gains up to $3k per year with some ability to carry over losses into subsequent years. There are also some particulars about the order of deducting long/short term losses against long/short term gains IIRC.
- monero-xmr 4y agoLosses on META bigger YoY than BTC and ETH
- cma 4y agoZuckerberg said in his presentation there would be a crypto/NFT element to his metaverse.