How do you account for NFT sales on opensea which were sold for WETH?
As is, the payment:
- cannot properly be labeled as a payment (income)
- inflates income by labelling the entire sale as income, even though a portion of the sale is not income but rather attributable to the cut that opensea takes, as well as a cut of your own future earnings as secondary sales.
Still looking for answers to this one here. I can’t use cointracker if it is going to make me pay thousands upon thousands more in totally unnecessary taxes. If anyone finds a resolution or kluge to this, please let me know!
Hi - has anybody figured this one out?
Outside of manually adjusting the amount received, I have not found any other way. We need support.