The wash sale rule under Internal Revenue Code §1091 limits when capital losses can be deducted, but investors can still maintain market exposure through correlated securities. This article explains how to use substitution strategies to harvest losses responsibly, outlines the benefits and risks, and reviews current crypto exceptions and proposed legislation.

Crypto wash-sale rules don’t apply in 2025 but IRS Form 1099-DA changes reporting. Learn what’s next for digital asset tax loss harvesting.

Form 1099-DA changes crypto tax reporting in 2025. Learn what each box means, from proceeds to NFTs, and why IRS oversight is tightening.