Washington’s Crypto Tax Bill Targets the $2 Gas Fee Problem, and Delays the Harder Fights
BitcoinWorld Washington’s Crypto Tax Bill Targets the $2 Gas Fee Problem, and Delays the Harder Fights Key Takeaways The House Ways and Means Committee has released H.R. 10357, the 114-page Digital Asset Tax Certainty Act, and will mark it up on September 16.
Blockchain network fees under $10 would no longer create a taxable event, but wallets with more than 5,000 transfers in the prior year would not get this relief. Closing the crypto wash-sale gap would raise revenue, while deferring tax on mining and staking rewards would cost it.
The deferral is the most likely provision to be cut. The bill will probably not become law in 2026. Its real purpose is to set up the 2027 Congress. Ask any American who has used Ethereum what makes crypto taxes painful, and many won’t mention their big trades.
They’ll mention the small stuff. Under current rules, paying a network fee with a token counts as disposing of that token, so even a 40-cent gas payment can require a capital gain or loss calculation.
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