You can tax loss harvest your NFTs without selling them completely! Sell & buy back by using this contract, https://t.co/Rw31KCNVK7
Already facilitated 16 buybacks in the last hour.
Morning! There are 4 days left in a year for you to save taxes. Donate to charities like SELF that's working hard to fight against energy poverty in West Africa.
As we reach the end of the year, there are several things you can do to lower your tax liability.
After all, it's not about how much you make, it's how much you can save. This is not tax advice and is mainly for educational purpose. 🧵
2. Tax-loss harvesting
Sell your cryptos/nfts that have lost a lot of value. Remember @goblintown? It used to be like 6 eth and now it's down to 0.67 eth. Sell it now and get up to 3k in savings for this tax year.