If You Bought NFTs Last Year, Figuring Out the Taxes You Owe Could Be Very Confusing

If you traded in crypto or bought NFTs last year, don’t forget you might be on the hook for all those taxes. NFTs in particular are posing a problem for consumers and accountants. Depending on the crypto used to buy it and who’s doing the selling, NFT transactions can be taxed as income, short or long-term capital gains, collectibles or dividends. Sam Sutton, reporter at Politico, joins us for the confusing classifications of NFTs.

Next, according to a review of patient data, people who had Covid-19 were at a greater risk of developing Type 2 diabetes within a year, than those who avoided getting sick. Looking at the records of over 180,000 VA patients researchers calculated that those that got Covid were 46% more likely to be diagnosed with diabetes for the first time or prescribed medication to control blood sugar. Lenny Bernstein, health and medicine reporter at The Washington post, joins us for more.

Finally, as sanctions hit Russian oligarchs to put pressure on Putin to end his invasion of Ukraine, we have seen their yachts try to get to friendlier waters. Yacht watchers have been tracking their movements as they try to avoid being seized and as they even get denied fuel. Benoit Faucon, senior reporter at the WSJ, joins us for how some Russian oligarchs’ yachts are on the run.

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