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Increase gross income exclusion from $200 to $5000 #75

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Increase gross income exclusion from $200 to $5000 #75

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2 changes: 1 addition & 1 deletion README.md
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Expand Up @@ -300,7 +300,7 @@ SEC. 201. GAIN FROM DISPOSITION OF DIGITAL ASSETS.

"(b) Limitation.—

"(1) In general.—The amount of gain or loss excluded from gross income under subsection (a) with respect to a sale or exchange shall not exceed $200.
"(1) In general.—The amount of gain or loss excluded from gross income under subsection (a) with respect to a sale or exchange shall not exceed $5,000.

"(2) Aggregation rule.—For purposes of this subsection, all sales or exchanges which are part of the same transaction (or a series of related transactions) shall be treated as one sale or exchange.

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