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PAJAMAS: IM CLAIMING LOSSES
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pajamas to 1u soon
What's 1u????? I'm down for it lol
@@c-zargetscrypto1677 pajamas=1usdt soon
Does this work even if I’ve bought crypto on a centralized exchange? Such as PayPal lol.
I'm 100% positive it does (as long as you're trading in America or as an American citizen
I did this for the last 2 years but as far as i know its only up to 3000 per year for losses so if you sell 6000 in loss you can use it for the next 2 years at 3000 per year and it cannot be transferred ex. If you die your spouse can't use it as loss
To my knowledge there is no limit to offset losses for capital gains, maybe the 3k cap is applied to taxes like income/non capital gains, but you can 100% claim any amount of losses to offset any amount of gains (to my knowledge)