IRS & Legal Frameworks

Legal & Tax Hub

Comprehensive tax treatment, Form 8949 cost-basis tracking, and 1099-DA reporting guidelines for Web3 gamers and scholars.

Chapter 7 — Legal & Tax Formula

Tax Capital Gain Formula (G = P − B)

Defined in The P2E Bible (Chapter 7, p. 115; Formula Quick Reference, p. 180): Tax Capital Gain equals Proceeds from sale ($P$) minus Cost Basis ($B$).

G = P − B   (where G = Capital Gain/Loss, P = Realized Proceeds, B = Adjusted Cost Basis)

(Educational only — not tax advice. Consult a certified CPA or tax professional for your specific jurisdiction.)