The Income Taxation Of Creators, Investors, Dealers And Collectors Of NFTs

Capital Market Advisors

The Income Taxation Of Creators, Investors, Dealers And Collectors Of NFTs

Blockalpine

The Treasury treats cryptocurrency as cash for reporting purposes, but the IRS treats cryptocurrency, including NFTs as property for income tax purposes. Here are the income tax rules for transactions involving Art as they likely apply to transactions involving NFTs. This posted is syndicated from Forbes Crypto. Source Link

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