u/No-Confusion4519

I had significant gains on SOL earlier this year, and to offset some of that I sold my ETH position which was sitting at a loss. Classic tax loss harvesting move, right?

But here's where I'm confused — under Receita Federal rules, crypto gains above R$35,000 in a month are taxable at 15%. But the guidance on whether losses on one coin can be used to offset gains on a completely different coin in the same month is surprisingly murky.

A few specific things I'm trying to figure out:

Can losses on ETH be used to offset gains on SOL in the same calendar month, or do they have to be the same asset?
Can unused losses be carried forward to future months, or do they expire if not used in the same reporting period?
Does it matter whether both trades happened on the same exchange, or can they be across different platforms (e.g., one on Binance, one on a local Brazilian exchange)?

Anyone here who's actually dealt with this or worked with a Brazilian crypto accountant — would love to hear how you've handled it.

Drop your experience below

Coinbase enters India. What can be the effects of this?

So I've been trying to wrap my head around how loss harvesting works under Brazil's crypto tax rules and honestly it's not as straightforward as I expected.