๐บ๐ธ GOOD NEWS: Congress Might Let You Spend Bitcoin WITHOUT Paying Taxes
Bitcoin Policy Institute pushing Congress to exempt small
$BTC payments .
Proposed:
โค Up to $600 per transaction**
โค Up to **$20,000 annually
โค No capital gains reporting
Senator Lummis backing similar bill ($300/$5,000 limits).
BUT: IRS still tightening with Form 1099-DA in 2026 .
๐ Would you actually spend Bitcoin if tax-free?
#Bitcoin #Taxes #IRS #CryptoAdoption