IRS wants to know if NFTs count as collectibles for tax purposes
The Treasury and the IRS aren't sure whether NFTs count as collectibles, which would impact capital gains tax. The public can now weigh in.
Read more (3 min) →2 stories, newest first
The Treasury and the IRS aren't sure whether NFTs count as collectibles, which would impact capital gains tax. The public can now weigh in.
Read more (3 min) →The IRS is gearing up for a wave of NFT-related tax evasion cases, with many collectors still not sure how to declare crypto assets.