<ul><li>Cryptocurrency investors can use crypto losses to offset profits in their portfolio for tax purposes.</li><li>The IRS considers crypto gains taxable when selling or trading cryptocurrencies, spending crypto on goods/services, earning through staking/mining/rewards, or receiving airdrops/hard forks.</li><li>Tax loss harvesting involves selling underperforming assets at a loss to offset tax bills, including future years.</li><li>Solaxy ($SOL) is performing well, providing potential gains for investors in the Solana Layer 2 protocol.</li></ul>

How Crypto Losses Can be Used to Offset Your 2024 Tax Bill

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