{"id":21930,"date":"2023-02-28T06:31:24","date_gmt":"2023-02-28T14:31:24","guid":{"rendered":"https:\/\/coinnetworknews.com\/why-not-donate-dead-nft-wallets\/"},"modified":"2023-02-28T06:31:24","modified_gmt":"2023-02-28T14:31:24","slug":"why-not-donate-dead-nft-wallets","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/why-not-donate-dead-nft-wallets\/","title":{"rendered":"Why Not Donate Dead NFT Wallets?"},"content":{"rendered":"

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I suspect the Internal Revenue Service (IRS) will resist deductions for donations of dead wallets because the owner can\u2019t actually sell them. But its own decisions say otherwise. When New York art dealer Ileana Sonnabend died in 2007, her children inherited a Robert Rauschenberg combine titled \u201cCanyon,\u201d among many other things. Unfortunately, Canyon incorporates a stuffed bald eagle, and federal law makes it illegal to sell bald eagles. Accordingly, Sonnabend\u2019s children couldn\u2019t legally sell Canyon, so Christie\u2019s valued it at $0.<\/p>\n<\/div>\n

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I suspect the Internal Revenue Service (IRS) will resist deductions for donations of dead wallets because the owner can\u2019t actually sell them. But its own decisions say otherwise. When New York art dealer Ileana Sonnabend died in 2007, her children inherited a Robert Rauschenberg combine titled \u201cCanyon,\u201d among many other things. Unfortunately, Canyon incorporates a […]<\/p>\n","protected":false},"author":1,"featured_media":21931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,3,5,55,58,7,4,2,8,56,59,6,54],"tags":[4463,4462,24,1262],"_links":{"self":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/21930"}],"collection":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/comments?post=21930"}],"version-history":[{"count":0,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/21930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media\/21931"}],"wp:attachment":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media?parent=21930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/categories?post=21930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/tags?post=21930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}