Is this you?
- Crypto was stolen or lost
- No insurance payout was received
- I assumed the loss was deductible
"A loss is a loss - I can claim it."
Not all crypto losses qualify. CRA requires proof of ownership, disposition, and circumstances of loss.
Why guessing is risky
- Unsupported losses are denied
- Improper claims trigger review
- Burden of proof is on you
Safe to ignore if
- No crypto losses occurred
- Losses were already reviewed
Stop and check if
- Crypto was lost, hacked, or inaccessible
- No formal documentation exists
Resolve the doubt
Check if my crypto loss is claimable (2 minutes)We'll tell you if this needs reporting and what to do next.
"Most people learn whether the loss is actually deductible."