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itamp;#39;s been a year thinking back on things like Luna Celsius Loch fi FTX and some of you may be wondering okay I have all of this worthless crypto or crypto thatamp;#39;s locked up on exchanges what am I supposed to do with this and how do I use this to my advantage to write it off on my taxes have no fear Iamp;#39;ve Dove right into all the irs.gov Publications on your behalf so that you donamp;#39;t have to and Iamp;#39;m going to cover the three types of loss and what to do about it how do you deduct it off your taxes if you can even deduct it at all the first type of crypto loss is what I call the oopsie think about things like you lost access to your wallet and you canamp;#39;t get in or maybe you transferred some crypto to the wrong wallet something like that right itamp;#39;s basically lost well cryptocurrency in the eyes of the IRS is considered property and with casualty losses property losses you cannot deduct these casualty losses anymore unless they are a federa
