Tax Week 2023 - CoinDesk

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New to NFTs and unsure how to pay taxes on them? With the growing popularity of digital assets, it's important to stay informed about tax policies. Check out our handy flow chart to help you figure out what you owe before the April tax deadline.

If you’re a high earner or someone who lives in a high-tax state, you should look into tax-loss harvesting. You may be able to save up to 50% on your capital gains tax bill.

 

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didn't know it is taxable

Do I pay taxes if I bake a bread then destroy it to turn it into an NFT when the ingredients came from my onlyfans?

Who did this diagram ? i need a name or twitter or something pls 🤣 did you buy/sell/receive NFT ? No -- This is NOT a taxable event! Oh really ? thanks

Desk token scam👆👆👆

Couldn't be clearer that Taxation is Theft

funny: as a gift = Not taxable, Airdrop = Taxable - seems like gifts wont be free later on^^

That means the original owner doesn't pay tax since, was not a buyer?

How if people hold and never sell?

confusing scheme

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