Other People's Money
Back to library
Crypto & Digital Assets

Donate NFTs to Charity for FMV Deduction

Appraised NFT donation = FMV deduction, no cap gains recognition.

Overview

Donating appreciated NFTs (held 12+ months) to a public charity yields FMV deduction (with qualified appraisal for gifts over $5K). No cap gains recognized. Only downside: NFTs are 'collectibles' — deduction limited to basis unless donated to a charity using it for its exempt purpose (unrelated-use limitation). Best for high-value blue-chip NFTs during high-income years.

Best fit
NFT collectors with appreciated piecesHigh earners needing itemized deductionsCollectors funding personal foundations
Estimated impact
20–37% deduction × FMV, plus dodged cap gains

Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.

More crypto & digital assets strategies

See all Crypto & Digital Assets strategies
OPM