S2021 — Establishes a simplified exemption from state income tax for small-scale Bitcoin transactions up to $5,000 per month, or $20,000 per taxable year.

S2021 — Establishes a simplified exemption from state income tax for small-scale Bitcoin transactions up to $5,000 per month, or $20,000 per taxable year. · Informed CitizenryS2021 introduces a new provision that simplifies the process of paying state income taxes on small amounts of cryptocurrency trading. Specifically, it establishes an exemption from state income tax…Open in Informed Citizenry