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Crypto Form 1099-DA Box 1i → “wash sale losses disallowed.”

Hey everyone, this is Saim, your crypto CPA from the Lone Star State at Akif CPA and ChainBlock Financial. ⁠

📌1099-DA Box 1i → “wash sale losses disallowed.”
Sounds like the end of tax loss harvesting, right?

You might think this is the start of the end… but I say NO. Here’s why 👇

👉 IRS + Treasury don’t have full visibility into DeFi
👉 On-ramp exchanges (Coinbase, Kraken, Gemini) will issue 1099-DAs
👉 But how will they know about DeFi projects? 🤔
👉 Or international exchanges? 🌍
👉 Or when you log in with a VPN? 🕵️

The rules are complicated — and that’s why I don’t think tax loss harvesting is ending anytime soon.

⚡️ Let’s make full use of this strategy while it’s still alive.

#CryptoCPA #TaxLossHarvesting #CryptoTaxes #IRS #Cr⁠
#CryptoTaxUpdate #WalletAccounting #RevProc202428 #SaimAkif #AkifCPA #2025CryptoRules #CostBasis #IRSCompliance #DeFiTaxes #CryptoAccountingTips⁠ #ChainblockFinancial

🇺🇸 (713) 451-9700 ⁠
🇨🇦 (416) 800-2709 ⁠
⭐ info@akifcpa.com ⁠
🌐 www.akifcpa.com ⁠
🌐 https://chainblock.financial⁠

About ChainBlock Financial ⁠
ChainBlock Financial is your #1 resource for cryptocurrency tax compliance, IRS audit defense, and DeFi tax solutions. Schedule an Online IRS Crypto Audit today!⁠

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A bit about us at Akif CPA: ⁠
We’ve got a crew of talented tax pros who really know their stuff when it comes to taxes, accounting, business advice, payroll, reviews, sales tax audits, and financial planning.⁠

Видео Crypto Form 1099-DA Box 1i → “wash sale losses disallowed.” канала AKIF CPA
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