U.S. House weighs two crypto tax bills on Sept. 16

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House tax writers have reportedly scheduled a Sept. 16 review of two bills that could change how U.S. miners, stakers and traders calculate federal taxes. Summary House tax writers reportedly plan to review two digital-asset bills during a September 16 markup. H.R. 9175 offers qualifying miners and stakers an election to defer income until token disposal. H.R. 9172 would extend wash-sale and constructive-sale restrictions to covered digital assets and related contracts. Qualified dollar stablecoins and certain validation-related acquisitions receive targeted exceptions under the introduced anti-abuse bill. Official committee records had not listed the reported September markup publicly as of Monday morning. The House Ways and Means Committee plans to consider H.R. 9175 and H.R. 9172 on Wednesday. The committee’s public calendar had not posted a markup notice as of Sept. 14, leaving the meeting time and final bill list unconfirmed in official records. The introduced bills address separate parts of the tax code. H.R. 9175 would create an optional income-deferral system for qualifying mining and staking rewards. H.R. 9172 would apply existing wash-sale and constructive-sale restrictio...

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