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H.R. 6582

BillFederalHouseIntroduced
To amend the Internal Revenue Code of 1986 to exclude from gross income gain from disposition of virtual currency in a personal transaction.
About This Bill
Introduced
Congress
117th (2021–2023)
Introduced
February 3, 2022
Cosponsors (5)
2D 3R
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Summary

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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.

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