I bought a domain name in 2019, sold it in 2021 through a domain marketplace, and only received the money from the marketplace onto my Paypal account in 2022. I'm planning on reporting the proceeds as long term capital gain as the domain was bought personally and remained unused.
- Should I report this transaction in my 2021 filing or next year in my 2022 filing, since the proceeds were received in 2022? I would prefer to wait until the next filing if possible.
- Can I deduct the marketplace sale fees? Should I increase the cost basis by the fees or...?
Thank you!
