If you lose 100% of an asset because it is lost or stolen, the latest tax law disallows you from claiming any loss whatsoever. But if you still have the coins and they have 90% of their value, you can sell them and claim a loss.What in the actual fuck? I guess I am going to go restock whatever worthless shitcoins I used to have so I can pretend that I never lost them and then sell them so I can show the IRS how I lost money on the coins that I lost. Fucking crazy.
Submitted April 30, 2020 at 11:58AM
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