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NFTs for beginners and How They Are Taxed!

We explore the basic concepts of an NFT, the types of transactions you might have, and how the IRS might view these transactions.

NFT Creator – artists who create NFTs and offer them for sale in market places

NFT Investor – individuals who buy and sell NFTs for speculation

IRS Guidance on Investments in Collectibles https://www.irs.gov/retirement-plans/…

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