NFT Transaction Classification

Hey,

are there any workarounds on how to classify a “Minting” process for NFT’s?

Most of my Eth transactions are actually minted NFT’s. Some for free, some with a little price attached to it. How would I classify those?

Best,
celonuc

Yes it is on the roadmap.
It’s not a simple chain integration. Therefore at best it would be available in 2 months unless we run into some bugs we need to iron out. :slight_smile:

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do you guys have a recommendation for how to track and record basis and gains on NFT sales for the moment? I have been using a separate wallet as “basis” and recording the outgoing minting or purchase transactions to that wallet, then an identical “Payment” going out, then depositing the sales gains there and then moving it to the real landing wallet, and tracking these things separately in a spreadsheet. Is there a better way?

4 Likes

I am eagerly waiting for that :)!

2 Likes

This has been delayed until Q1 of 2022. Plan to get it out before US taxes are due.

1 Like

Hi Matt,

any news concerning the NFT integration?

Best,
Oliver

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Hi there,

waiting for a NFT classification as well.
Is there a workaround?

I imagine this topic is very important for many users as many have hopped on the NFT train in 2021.

Thanks! :slight_smile:

Best,
Bastian

Yes, we have had a meeting on the best way to proceed with the NFT integration the other day.

Hi Matt,

anything new on this topic? :slight_smile:

Cheers,
Bastian