House Crypto Tax Package Opts Out of Reward Deferrals for Miners and Stakers
The US House Ways and Means Committee has proposed a 114-page package to clarify crypto tax rules in the country. However, this bill, titled H.R. 10357, Digital Asset Tax Certainty Act, does not include a key provision that would have allowed some miners and stakers to delay taxation on rewards until they are sold.
This omission highlights the challenges of balancing tighter tax certainty with practical concerns around crypto liquidity.
The committee's package retains several provisions aimed at bringing structure to how digital assets are treated for tax purposes. These include ordinary income treatment for validator activity, US-source and cross-border guidance, staking without trust status loss, network and transaction fees, special treatment for qualifying US dollar stablecoins, and digital asset loans.
The absence of a reward-deferral option may continue to shape how participants plan around taxes, cash flow, and reward management. The House action is occurring alongside Senate movement on the CLARITY Act, which would determine how oversight of US crypto markets is divided between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).