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transtaxtion
learn about how your ethereum transactions are taxed
See Demo
Apr 2, 2022
@11:21 PM
NFT Purchase
0.060000 ETH
$210.01
NFT Space Poggers
SP #1991
OpenSea: Wyvern Exchange v2
Gas
$39.32
0.011234 Ether
Tax Info
Taxable Events
Paid with ETH
Making a purchase using ETH is considered a disposal of the cryptocurrency, which is subject to a capital gain or loss.
Is Gas deductible?
Yes
Gas fees can be added to the cost basis of purchasing your NFT, just like commission fees when buying or selling stocks.