you buy a top shot for $10…. sell it for $20 within the first year…. taxed at a higher rate, sell after a year…. long term gains tax. Buying another top shot with the $20 doesn’t stop you. the last i checked, topshot data does not actually provide you with a costbasis/sell price for moments bought on the platform. I really hope this changed (or changes) as it requires far more work to pull the transaction information from 3rd party sites and piece the. aug 8, 2024 · nba top shot is an application that provides users with the opportunity to purchase, collect, and showcase digital blockchain collectibles containing exclusive. aug 13, 2022 · how can you make the most of nba top shots? The nba’s top shot digital collectibles are becoming increasingly popular, but what does that mean for taxes?. dapper accounts, processing fees, and what to expect regarding payments in nba top shot. mar 12, 2021 · so you have to ask yourself, are these nba top shots tangible property? Well theoretically i guess this stuff is intangible, but it is literally an intangible collectible.
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