Taxation of (What the Heck are) Non-Fungible Tokens (NFT)

Non-fungible tokens are a unit of data stored on a block chain, which certifies a digital asset to be unique. This program discusses the current thinking in proper tax treatment of these assets, based on rules for self-created intangibles and crypto-currency.

Leaning objectives

· Define Non-Fungible Tokens (NFT)

· Broaden your understanding of non-fungible tokens

· Understand the IRS position on reporting NFTS



IRS 2 CE/NASBA 2 CPE

Advanced preparation: Assumes basic knowledge of taxation of capital assets and awareness of cryptocurrency.