Manny WannemakerDec 26, 2021 · 3 years ago2 answers What are the tax implications of selling NFTs in the cryptocurrency market?
I'm curious about the tax implications of selling non-fungible tokens (NFTs) in the cryptocurrency market. Can you provide some insights on how the sale of NFTs is taxed? What are the specific tax rules and regulations that apply to NFT transactions? Are there any differences in tax treatment between selling NFTs and other types of cryptocurrencies? I want to make sure I understand the tax obligations before I start selling NFTs in the cryptocurrency market.