diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 01b905a..6baef9a 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,7 +1,7 @@
 [bumpversion]
 commit = True
 tag = True
-current_version = 1.1.0
+current_version = 1.2.0
 
 [bumpversion:file:setup.cfg]
 search = version = {current_version}
diff --git a/README.dev.md b/README.dev.md
index fe4f0ab..1f249fe 100644
--- a/README.dev.md
+++ b/README.dev.md
@@ -12,7 +12,7 @@
 <!--- See the License for the specific language governing permissions and --->
 <!--- limitations under the License. --->
 
-# RP2 v1.1.0 Developer Guide
+# RP2 v1.2.0 Developer Guide
 [![Static Analysis / Main Branch](https://github.com/eprbell/rp2/actions/workflows/static_analysis.yml/badge.svg)](https://github.com/eprbell/rp2/actions/workflows/static_analysis.yml)
 [![Documentation Check / Main Branch](https://github.com/eprbell/rp2/actions/workflows/documentation_check.yml/badge.svg)](https://github.com/eprbell/rp2/actions/workflows/documentation_check.yml)
 [![Unix Unit Tests / Main Branch](https://github.com/eprbell/rp2/actions/workflows/unix_unit_tests.yml/badge.svg)](https://github.com/eprbell/rp2/actions/workflows/unix_unit_tests.yml)
diff --git a/README.md b/README.md
index 23ee1af..ae945fd 100644
--- a/README.md
+++ b/README.md
@@ -14,7 +14,7 @@
 
 ![RP2 Logo](https://raw.githubusercontent.com/eprbell/rp2/main/docs/images/rp2_header.png)
 
-# RP2 v1.1.0
+# RP2 v1.2.0
 [![Static Analysis / Main Branch](https://github.com/eprbell/rp2/actions/workflows/static_analysis.yml/badge.svg)](https://github.com/eprbell/rp2/actions/workflows/static_analysis.yml)
 [![Documentation Check / Main Branch](https://github.com/eprbell/rp2/actions/workflows/documentation_check.yml/badge.svg)](https://github.com/eprbell/rp2/actions/workflows/documentation_check.yml)
 [![Unix Unit Tests / Main Branch](https://github.com/eprbell/rp2/actions/workflows/unix_unit_tests.yml/badge.svg)](https://github.com/eprbell/rp2/actions/workflows/unix_unit_tests.yml)
diff --git a/setup.cfg b/setup.cfg
index f3a230e..d7176ce 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,6 +1,6 @@
 [metadata]
 name = rp2
-version = 1.1.0
+version = 1.2.0
 description = Privacy-focused, free, open-source cryptocurrency tax calculator: it handles multiple coins/exchanges and computes long/short-term capital gains, cost bases, in/out lot relationships/fractioning, and account balances. It supports FIFO, LIFO and HIFO, it features transparent computation for easy result verification, and it generates reports that tax accountants can understand, even if they are not cryptocurrency experts (e.g. form 8949).
 
 long_description_content_type = text/markdown
diff --git a/src/rp2/rp2_main.py b/src/rp2/rp2_main.py
index 1424914..bc619b3 100644
--- a/src/rp2/rp2_main.py
+++ b/src/rp2/rp2_main.py
@@ -37,7 +37,7 @@
 from rp2.ods_parser import open_ods, parse_ods
 from rp2.tax_engine import compute_tax
 
-_VERSION: str = "1.1.0"
+_VERSION: str = "1.2.0"
 
 _ACCOUNTING_METHOD_PACKAGE = "rp2.plugin.accounting_method"