Comment on Cong et al., Tax loss harvesting with cryptocurrencies

This comment explains that while taxpayers may increase loss harvesting in crypto, they are wrong if they believe such losses will be upheld if challenged by the IRS.(c) 2023 Elsevier B.V. All rights reserved.

Automated summary

This comment explains that taxpayers are mistaken if they think their losses in crypto will be upheld by the IRS when challenged.