H.R. 6582 · 117th Congress

Virtual Currency Tax Fairness Act of 2022

Stage
In committee
Introduced
2022-02-03
Latest action
2022-02-03 · Introduced in House

Summary

Virtual Currency Tax Fairness Act of 2022

This bill excludes from gross income, for income tax purposes, up to $200 of gain from the disposition of virtual currency in a personal transaction. The bill defines virtual currency as a digital representation of value that is used as a medium of exchange and is not otherwise currency.