Re:Cambridge Bitcoin Electricity Consumption Index
by derwiki on Wednesday February 10, 2021 @09:49AM
(#26089830)
Why wouldn’t an individual be able to claim a capital loss?
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Re:Cambridge Bitcoin Electricity Consumption Index
by kingaillas on Wednesday February 10, 2021 @10:24AM
(#26090354)
Individuals can, but those are subject to a cap of $3000 against income.
I'm no tax expert but I think the point the OP was making is businesses have more options for writing off lossess - they can drum up other things to apply a loss towards. Thus, a business can effectively write off more of the loss than an individual can.