IRS Seeks Public Input on Taxing NFTs as Collectibles US citi | Crypto News

IRS Seeks Public Input on Taxing NFTs as Collectibles

US citizens wanting to boost their retirement funds by investing in digital artworks on-chain may want to rethink their strategies. The Internal Revenue Strategy (IRS) recently revealed that it may exclude non-fungible tokens (NFTs) for individual retirement accounts (IRAs) following new taxation guidelines. Interestingly, they want public input before the go-ahead. Quick Takes: