Crypto Taxes
“How is NFT sales taxed?”
NFT sales are often treated as taxable transactions, but the exact treatment can depend on whether the NFT is being sold as a collectible, tied to digital art or other property, and whether the seller is creating, flipping, or simply holding the asset. The tax result can also vary based on the seller’s basis, any related transaction fees, and how the proceeds are reported on the recordkeeping side. In some cases, the buyer and seller’s roles, the platform used, and whether the activity is occasional or business-like can affect how the income is characterized. Sitting down with a CPA for thirty minutes is usually enough to draw a clean line on this.
In your 60-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
Back to the full library