A proposed US bill, Section 502 of the Digital Asset Tax Certainty Act (H.R. 10357), would require the Treasury secretary to create a Digital Asset Voluntary Disclosure Program within 12 months of the law taking effect. Eligible taxpayers could correct past crypto tax errors by filing amended returns and paying the tax owed, plus interest and a program penalty. The House Ways and Means Committee approved the bill 38-5 on Sept. 16, but it still needs passage by the House and Senate and the president's signature. Taxpayers who certify their violations were neither fraudulent nor willful would pay 0% on the first $25,000 of deficiency per year and 5% above that if they file within the first 12 months, while non-certifying taxpayers would face 25% and 40%. The article notes the new 1099-DA reporting rules don't address earlier years and cites a 2026 CoinTracker and Coinbase report finding only 49% of US crypto users understood selling crypto is taxable.
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BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/18/2026 | 82,116.00 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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