How to use it
- Use the formula below with your own figures.
The formula
Gain = sale price − (mint/buy price + fees).
Worked example
Include mint and gas fees in the cost.
Frequently asked questions
Are NFTs taxed?
Often like other crypto assets.
What about royalties?
Creator royalties may be income.
Tips
- Keep records of every buy, sell and swap.
- Value rewards at the price when received.
- Rules differ by country and change — confirm locally.
Key terms
- Cost basis
- What you paid, including fees.
- Capital gain
- Proceeds minus cost basis.
- Staking
- Earning rewards for securing a network.