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Get your taxes done using TurboTax
No, you typically don't need to report unsolicited NFT airdrops with no value, especially if flagged as scams and hidden by your wallet. No Income or Value: The IRS taxes airdropped assets only if they have measurable value and you control them. An unsolicited NFT with 0 value isn't taxable.
For more information, refer to the to this article on Cryto Airdop
‎January 26, 2025
8:31 PM