<p><a href="https://www.congress.gov/bill/115th-congress/house-bill/3708" rel="nofollow noreferrer">HR 3708</a>, which was introduced in the House of Representatives in September 2017, would do exactly that, with a threshold of $600 (to be adjusted for inflation).  It has five cosponsors.</p>

<p>It was referred to the Committee on Ways and Means, and there is no record of further action, so apparently the Committee decided not to move forward with it.</p>

CC BY-SA 4.0
2018-07-18T06:06:23.423Z
Great thank you very much for the information. At least congress is aware of these types of issues and is (somewhat) working towards a solution. I will keep my eye on this space!
J. Roibal - BlockchainEng
CC BY-SA 4.0
2018-07-01T02:10:19.857Z
2018-07-01T02:20:12.767Z
2018-07-01T02:20:12.767Z
Nate Eldredge
<p>Is there any initiative to try to deal with the way Bitcoin is taxed in the United States with respect to using Bitcoin to pay for things without triggering a taxable event? Possibly a threshold being set for purchases below a certain amount?</p>

<taxes><usa>
US Taxable Events for using Bitcoin for purchases
ADH
# US Taxable Events for using Bitcoin for purchases

(Asked by: username_0 on 2018-06-30)

Is there any initiative to try to deal with the way Bitcoin is taxed in the United States with respect to using Bitcoin to pay for things without triggering a taxable event? Possibly a threshold being set for purchases below a certain amount?

**Tags:** taxes, usa


---

## 1 answers

### Answer by username_1 on 2018-07-01. Score: 4 | Accepted answer

[HR 3708](https://www.congress.gov/bill/115th-congress/house-bill/3708), which was introduced in the House of Representatives in September 2017, would do exactly that, with a threshold of $600 (to be adjusted for inflation). It has five cosponsors.

It was referred to the Committee on Ways and Means, and there is no record of further action, so apparently the Committee decided not to move forward with it.

> **Comments:**
> **username_2**: Great thank you very much for the information. At least congress is aware of these types of issues and is (somewhat) working towards a solution. I will keep my eye on this space!  

---

