U.S. House Ways and Means schedules crypto tax review for Sept. 16

  • The Ways and Means Committee will review two digital-asset tax bills on Sept. 16.
  • H.R. 9175 defers tax on mined and staked tokens until they are sold.
  • H.R. 9172 applies wash-sale and constructive-sale rules to actively traded digital assets.

The U.S. House Ways and Means Committee is scheduled to review digital-asset tax legislation on Sept. 16, bringing two crypto tax bills closer to a potential full House vote. The review will address when miners and stakers recognize taxable income from newly created tokens and whether stock wash-sale rules should extend to actively traded digital assets. H.R. 9175, the Mining and Staking Tax Clarity Act, would defer tax on tokens received through mining or staking until their sale. H.R. 9172, the Applying Existing Tax Anti-Abuse Rules to Digital Assets Act, would apply wash-sale and constructive-sale rules to actively traded digital assets.

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