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IRS inquiry about cryptocurrency mining losses and NFT investment tax deductions

· media → x.com #crypto #finance #humor

Yes hello IRS. So client bought $7,000 worth of cumrocket and staked it for 3 months to earn 6,900% interest. Then they sold and took the profits to invest in NFTitties, but the dev rugged the project and they only managed to liquidate 10% of the funds. Can the client deduct gas fees for the minting and balance out the short term capital gains taxes from the cummies? hello? @wallstbets

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