Do wash sale rules apply if I harvest crypto losses and buy back within 30 days, and is there proposed legislation I should anticipate?

Understanding Crypto Wash Sales and Tax Implications Currently, wash sale rules do not apply to cryptocurrency transactions under existing IRS guidance, meaning investors can harvest crypto losses and repurchase the same digital assets immediately without triggering wash sale restrictions. However, proposed federal legislation could change this landscape significantly, potentially treating crypto assets similar to stocks … 더 읽기