Crypto Taxes
“What happens tax-wise when I sell an NFT?”
Selling an NFT can have tax consequences that often depend on how the NFT was acquired, what it represents, and whether the transaction is treated like a sale of property or something tied to creative or business activity. In many cases, the proceeds, any prior purchase cost, and related fees can all affect the result. The tax picture can also vary based on whether the NFT was held as an investment, connected to a business, or received through a platform that issued transaction records. Recordkeeping matters because wallet activity, marketplace statements, and the original acquisition details often shape the reporting outcome. 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.
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