US Taxes on the Sale of NFTs
An NFT is a form of digital asset that can be bought and sold in certain marketplaces. For U.S. taxpayers, the gain or loss on the sale of NFTs may be reportable on their income tax return.
What is a Constructive Sale on Stocks?
U.S. taxpayers need to be mindful of the various tax rules that surround trading financial products. This article discusses the constructive sale tax rules for trading stocks, bonds, derivatives, and other financial instruments.