Frequently asked questions

Yes, it's safe. We are 100% read-only. We never ask for your private keys or seed phrase, never connect a spending wallet, and never move or touch your assets. You just give us a public wallet address — the same information anyone can see on a block explorer. Anyone who asks for your keys or seed phrase is a scammer, and it isn't us.

Your email (to sign you in and deliver reports), the public wallet addresses you choose to scan, and payment confirmation from Stripe — we never see or store your card number. We do not sell your data.

It scans your NFT wallets, reconstructs what you paid (cost basis) from your on-chain history, checks whether each collection still has a real market, and builds a report of your potential tax losses — including evidence for collections that may qualify as worthless. You hand the report to your CPA.

Ethereum, Polygon, Base, Arbitrum, Optimism, Avalanche, Blast, BNB Chain, Cronos, Ronin, Solana, WAX, and Tezos.

We reconstruct it from your on-chain history — mint costs, purchase prices, and gas — converted to USD at the historical date of each transaction. Where we can't determine a value, we flag it for manual review instead of guessing.

For NFTs that may be deductible as worthless under IRC §165, we assemble the supporting evidence your CPA needs — no active market, no recent sales, floor effectively zero — rather than just a price. It's a starting point for the conversation with your tax professional, not a legal conclusion or a guarantee any deduction will be accepted.

Values are estimates from public on-chain and marketplace data, which can be incomplete or delayed. We're deliberately conservative — where a value is uncertain we flag it for review rather than fabricate a number. Always confirm figures with your CPA before filing.

The free scan previews your loss exposure and how many NFTs you hold (first 500). The paid report scans every NFT, reconstructs exact cost basis, builds the worthlessness evidence, and gives you a CPA-ready Excel + CSV export.

A few seconds for the free scan. A full paid scan takes a few minutes depending on how many NFTs you hold; very large wallets with thousands of NFTs take longer. Keep the page open while it runs.

Yes. Buy the plan matching your wallet count (1, 3, or 10) and add your wallets in your account. You can also keep separate named portfolios.

One-time pricing per tax year: $29 for 1 wallet, $59 for 3 wallets, $99 for 10 wallets. It is not a subscription.

Yes. If the service doesn't work as described, contact us within 7 days of purchase and we'll make it right. Because reports are digital and generated on demand, refunds outside that window are limited — see our Refund Policy.

Many people can offset capital gains (and, within limits, some ordinary income) with capital losses, and NFTs that have become genuinely worthless may be deductible — but it depends on your specific situation. Rekt Writeoff gives you the numbers and evidence; your CPA makes the determination.

No. Rekt Writeoff is a software tool that produces estimates from public data. It is not tax, legal, or financial advice and is not a substitute for a professional. Always review results with a qualified CPA or tax attorney before acting or filing.

It's the U.S. tax-code section covering deductions for losses, including property that becomes worthless. Whether a specific NFT qualifies is a fact-specific determination for your tax professional.