What is tax loss harvesting crypto

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Crypto Tax Loss Harvesting (Everything You Need To Know)
Crypto tax-loss harvesting involves realizing crypto losses in order to offset your capital gains, thereby lowering your tax burden. Investors. Tax-loss harvesting is a strategy used by investors to lower the amount of tax paid to the U.S. government. To implement a tax-loss. Tax-loss harvesting can be used to offset % of capital gains for the year and up to $3, of personal income. Any net losses above this amount can be rolled.