How the Wash Sale Rule Snares Crypto Traders in 2026

Episode 87 of The Tax Strategy Podcast tackles the wash sale rule — but not for stocks. Lucas and Luna explain how the IRS applies this rule to cryptocurrency trades in 2026, a change that caught many retail investors off guard. They walk through a concrete example: a trader who sold Bitcoin at a loss in March, then bought it back within 30 days, and how that disallowed the loss for tax purposes. The hosts break down what counts as a 'substantially identical' asset in crypto, the difference between tokens and protocols, and why harvesting losses is trickier now. They also discuss planning strategies — like using stablecoins as a parking spot or waiting 31 days to repurchase. Specific, actionable, and timely for anyone trading digital assets this year. #WashSaleRule #CryptoTax2026 #TaxLossHarvesting #BitcoinTax #IRS #Cryptocurrency #TaxStrategy #TradingTaxes #SubstantiallyIdentical #Stablecoins #Finance #Business #FexingoBusiness #BusinessPodcast #TaxPodcast #CryptoInvestors #TaxPlanning #CapitalLosses Keep every episode free: buymeacoffee.com/fexingo