{"id":672721,"date":"2026-10-19T13:52:44","date_gmt":"2026-10-19T13:52:44","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/10\/19\/made-an-honest-mistake-with-crypto-taxes-new-bill-offers-way-out\/"},"modified":"2026-10-19T13:52:44","modified_gmt":"2026-10-19T13:52:44","slug":"made-an-honest-mistake-with-crypto-taxes-new-bill-offers-way-out","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/19\/made-an-honest-mistake-with-crypto-taxes-new-bill-offers-way-out\/","title":{"rendered":"Made an \u2018honest\u2019 mistake with crypto taxes? New bill offers way out"},"content":{"rendered":"

\"Made<\/p>\n

A proposed US bill would let crypto investors correct past tax reporting mistakes through a dedicated disclosure program, with reduced penalties for eligible taxpayers.<\/p>\n

Crypto investors who failed to report trades in previous years may soon breathe a sigh of relief thanks to legislation currently advancing in the US Congress.<\/p>\n

Section 502 of the Digital Asset Tax Certainty Act, H.R. 10357, would require<\/a> the Treasury secretary to establish a Digital Asset Voluntary Disclosure Program within 12 months of the bill becoming law. <\/p>\n

That would allow eligible taxpayers to correct any past digital asset tax violation by filing amended returns and paying the tax owed, along with interest and a program penalty.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

A proposed US bill would let crypto investors correct past tax reporting mistakes through a dedicated disclosure program, with reduced penalties for eligible taxpayers. Crypto investors who failed to report trades in previous years may soon breathe a sigh of relief thanks to legislation currently advancing in the US Congress. Section 502 of the Digital […]<\/p>\n","protected":false},"author":1,"featured_media":672722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-672721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/672721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=672721"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/672721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/672722"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=672721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=672721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=672721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}