To amend the Internal Revenue Code of 1986 to allow the payment of certain Federal taxes with bitcoin.

This bill amends the Internal Revenue Code to enable individuals to pay federal taxes using Bitcoin. It requires the Treasury Secretary to establish a payment method that includes immediately converting received Bitcoin to its dollar equivalent. The Secretary would also issue regulations to define when payments are considered received and delineate responsibilities for tax and non-tax matters between payers, financial intermediaries, and the Secretary, aiming to integrate Bitcoin as an accepted payment option for individual tax obligations.