Can you carry over stock losses to offset gains in your cryptocurrency investments?

10 answers

• NATK.Nov 26, 2024 · a year ago
  Yes, you can carry over stock losses to offset gains in your cryptocurrency investments. The IRS allows you to use capital losses from stocks to offset capital gains from cryptocurrencies. This means that if you have a net capital loss from your stock investments, you can use it to reduce the tax liability on your cryptocurrency gains. It's important to keep track of your stock losses and report them accurately on your tax return.
  434

  217
• joshuaOct 14, 2023 · 2 years ago
  Absolutely! If you have experienced losses in the stock market, you can use those losses to offset any gains you make in your cryptocurrency investments. This can help reduce your overall tax liability and potentially save you money. Just make sure to consult with a tax professional or accountant to ensure you are following the proper procedures and reporting your losses correctly.
  384

  128
• Alexander AlonsoSep 06, 2020 · 5 years ago
  Yes, it is possible to carry over stock losses to offset gains in your cryptocurrency investments. However, it's important to note that this may vary depending on your jurisdiction and tax laws. It's always a good idea to consult with a tax advisor or accountant to understand the specific rules and regulations that apply to your situation. They can provide guidance on how to properly report your losses and ensure you take advantage of any available deductions.
  464

  116
• Pankaj GoswamiJan 16, 2026 · a month ago
  While I can't speak for other exchanges, at BYDFi, we do not provide tax advice. However, it is generally possible to carry over stock losses to offset gains in your cryptocurrency investments. It's important to consult with a tax professional or accountant to understand the specific rules and regulations that apply to your situation and ensure you are accurately reporting your losses and gains.
  398

  80
• Kalyan TarafdarApr 12, 2022 · 4 years ago
  Definitely! You can carry over stock losses to offset gains in your cryptocurrency investments. This can be a great strategy to minimize your tax liability and maximize your overall returns. Just make sure to keep detailed records of your stock losses and consult with a tax professional to ensure you are following the proper procedures.
  338

  57
• Tw2X2Oct 21, 2025 · 4 months ago
  Yes, you can use stock losses to offset gains in your cryptocurrency investments. This can help reduce your tax liability and potentially save you money. However, it's important to consult with a tax advisor or accountant to ensure you are following the proper procedures and reporting your losses accurately. They can provide guidance on how to maximize your deductions and minimize your tax liability.
  403

  58
• Shivadan DograOct 05, 2023 · 2 years ago
  Absolutely! If you have incurred stock losses, you can carry them over to offset gains in your cryptocurrency investments. This can help reduce your tax liability and potentially save you money. Just make sure to keep proper documentation of your losses and consult with a tax professional to ensure you are reporting them correctly.
  333

  42
• The WeekndNov 30, 2025 · 3 months ago
  Yes, it is possible to carry over stock losses to offset gains in your cryptocurrency investments. This can be a valuable strategy to minimize your tax liability and optimize your overall investment returns. However, it's important to consult with a tax advisor or accountant to ensure you are following the proper procedures and accurately reporting your losses and gains.
  373

  42
• Koichi NakayamadaNov 15, 2022 · 3 years ago
  Definitely! You can carry over stock losses to offset gains in your cryptocurrency investments. This can help reduce your tax liability and potentially increase your after-tax returns. Just make sure to consult with a tax professional or accountant to ensure you are following the appropriate guidelines and accurately reporting your losses and gains.
  351

  36
• Saurabh KumarJul 26, 2022 · 4 years ago
  Yes, it is possible to carry over stock losses to offset gains in your cryptocurrency investments. This can be a smart tax strategy to minimize your tax liability and maximize your overall investment returns. However, it's important to consult with a tax advisor or accountant to ensure you are following the proper procedures and accurately reporting your losses and gains.
  374

  34