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IRS extends crypto tax lot-selection relief through 2026

Verifying
  • IRS extends crypto lot-identification relief for broker-held assets through December 31, 2026.
  • 0.2 BTC sold at $83,703.75 can produce a $16,619 gain or $6,073 loss.
  • Notice 2026-20 continues relief first granted under Notice 2025-7.
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