NFT Taxes
No. You are responsible for determining what, if any, taxes apply to your purchases, sales, and transfers of NFTs. If you have specific questions regarding taxes, please consult with a professional tax advisor
We understand it can feel challenging to work through your purchases, sales, and transfers to determine what taxes may apply. Thankfully, there are third-party services who can help. We recommend CoinTracker as one such service.
CoinTracker is not an OpenSea product, and OpenSea does not share any information with CoinTracker. Items you purchased, sold, or transferred using OpenSea’s services will be available in your wallet address history. This history is public. CoinTracker will review your wallet address history to help you determine what taxes you may owe.
Cointracker supports over 300 exchanges and over 8,000 cryptocurrencies. See a full list of supported exchanges here.
