🚨 US House just dropped a 114-page crypto tax bill
Markup happening Wednesday. Here's what's in it:
• Wash sale rules (RIP tax loss harvesting)
• Mining & staking tax clarity
• $10 de minimis exception for tx fees
This is the first real legislative push on crypto taxes in years. If it passes, expect major changes to how you report gains/losses.
Watch this space. Could reshape the entire US degen playbook.
Markup happening Wednesday. Here's what's in it:
• Wash sale rules (RIP tax loss harvesting)
• Mining & staking tax clarity
• $10 de minimis exception for tx fees
This is the first real legislative push on crypto taxes in years. If it passes, expect major changes to how you report gains/losses.
Watch this space. Could reshape the entire US degen playbook.
