On 09/16/2026, the House Ways and Means Committee gave bipartisan approval to H.R. 10357, the Digital Asset Tax Certainty Act, in a 38-5 vote. This represents the first major federal crypto tax framework to advance through committee, separate from the stalled Clarity Act. Everyday U.S. crypto users and investors can start modeling these changes now in tax calculators to prepare for potential implementation.
Key Provisions to Model in Your Tax Calculator
The bill includes several practical updates effective for dispositions after 12/31/2027:
- A $10 de minimis exemption for qualifying network and transaction fees.
- Simplified stablecoin accounting near redemption value.
- Ordinary income treatment for mining and staking rewards, with limited trust exceptions.
- Extension of wash sale and constructive sale rules to most digital assets (excluding qualified stablecoins).
- Lending nonrecognition safe harbors.
- A new Digital Asset Voluntary Disclosure Program.
These changes are projected to generate a net $500 million revenue gain over a decade.
Current vs. Proposed Rules Comparison
| Aspect | Current Rules | Proposed under H.R. 10357 |
|---|---|---|
| Transaction Fees | Fully reportable | $10 de minimis exemption after 12/31/2027 |
| Wash Sales | Not applicable to crypto | Extended to most digital assets |
| Staking Rewards | Often capital gains treatment | Ordinary income with limited exceptions |
| Stablecoins | Standard asset rules | Simplified accounting near redemption value |
| Lending | Taxable events possible | Nonrecognition safe harbors |
Step-by-Step Guidance for Tax Calculator Users
- Open your tax software and create a new scenario for 2027-2028 tax years.
- Input small transactions under $10 to test the de minimis fee relief and reduce reporting burdens.
- Recalculate capital gains and losses by applying wash sale rules to simulated crypto trades.
- Forecast ordinary income from staking rewards versus any deferral options available.
- Simulate charitable donations to check for parity with other assets.
- Project net tax impacts using the bill's revenue estimates as a baseline.
Sample Workflow: In your calculator, adjust parameters for a $500 staking reward, apply ordinary income rates, then add a $8 transaction fee to see the exemption effect. Compare results before and after enabling wash sale extensions.
Warnings and Opportunities
Stakers and miners should watch timing risks, as rewards face ordinary income treatment starting post-2027. Active traders and dealers can explore mark-to-market elections for potential benefits under the new framework.
Monitoring Next Steps
Track the bill's progress through the full House, Senate, and presidential approval. Now is the ideal time to stress-test 2026-2028 models even before passage to stay ahead of U.S. crypto tax rules.