Can I legally deduct the gas fees and trading losses from my failed decentralized finance transactions on my US federal tax return this year?
Download run
Fan-out diagram
The searches the AI actually ran for this prompt.
SEED QUERY
Can I legally deduct the gas fees and trading losses from my failed decentralized finance transactions on my US federal tax return this year?
3 real searches · 1 real-search pass
IRS digital assets transaction fees basis gas fees failed transactions tax treatment 2026Google ↗
OBSERVED
IRS Publication 550 investment expenses miscellaneous itemized deductions 2026 capital losses worthless securities digital assetsGoogle ↗
OBSERVED
2026 US tax law miscellaneous itemized deductions investment expenses OBBBA section 67(g) 2026Google ↗
OBSERVED
Badge and edge weight = share of passes that produced the query. Hover a query for its intent and routing format.
Query classes
Google's semantic query class for every sub-query: what kind of answer each search is after, simulated vs real.
Classifying 3 queries…
Searches and sources
ChatGPT3 real searches · gpt-6
IRS digital assets transaction fees basis gas fees failed transactions tax treatment 2026 Google ↗
IRS Publication 550 investment expenses miscellaneous itemized deductions 2026 capital losses worthless securities digital assets Google ↗
2026 US tax law miscellaneous itemized deductions investment expenses OBBBA section 67(g) 2026 Google ↗
- Frequently asked questions on digital asset transactions · irs.gov
- Publication 550 (2025), Investment Income and Expenses · irs.gov
- Digital assets · irs.gov
- Frequently asked questions on digital asset transactions · irs.gov
- Instructions for Form 8960 (2025) · irs.gov
- 26 U.S.C. § 67: 2-percent floor on miscellaneous itemized deductions · uscode.house.gov
Queries
3 queries · click a column to sort
| Query / type | Search | Intent | Query class | Routing format | Cluster | Freq ↓ | Weight |
|---|---|---|---|---|---|---|---|
IRS digital assets transaction fees basis gas fees failed transactions tax treatment 2026 OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 | |
IRS Publication 550 investment expenses miscellaneous itemized deductions 2026 capital losses worthless securities digital assets OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 | |
2026 US tax law miscellaneous itemized deductions investment expenses OBBBA section 67(g) 2026 OBSERVED | Google ↗ AI Mode ↗ | — | — | — | — | 1x of 1 |