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Tax gains on currency. My US business has a bank account in
Tax gains on currency. My US business has a bank account in euros for paying our European vendors. There is some balance in euros there. Do I have to account for currency fluctuations as capital gains… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
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Master's Degree
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On 30 May 2015 I purchased a Certificate of Deposit at a
On 30 May 2015 I purchased a Certificate of Deposit at a bank in Malaysia of MYR 760,000 for 4 months. The exchange rate was 3.8139 MYR / US Dollar which gives me a cost basis of US 199,271. When I so… read more
Lev
Lev
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Lev, I invested in foreign currency CD in everbank in June 2013 and completed it in Dec
Hi Lev, I invested in foreign currency CD in everbank in June 2013 and completed it in December 2014. I invested let us say $500 for simplicity here. In 2013, the foreign interest earned was $13 and a… read more
Lev
Lev
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Is foreign currency exchange gain/loss on a rental property
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Lev
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I bought some Iraqi dinar a large amount 5 million. I want
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I deposited 5000 USD in Indian Rupees and received 9% interest
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I have purchased a foreign currency and have it in my hands.
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Lev
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I have purchased Iraqi Dinars as an investment in the anticipation
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Lev
Lev
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I am a US Citizen and have foreign bank accounts (in foreign
I am a US Citizen and have foreign bank accounts (in foreign currency). I have some idea on how to report the interest income but not sure on how to report FX related gain. I dont think I need to repo… read more
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I have an irrevocable trust. I am the trustee. The Trust is
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In regards to foreign currency. If I invest in physical foreign
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Bachelor's Degree Equivalent
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My wife and I have bought a foreign currency that is about
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I am a resident-alien in the US for 2009 tax purposes. I come
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Lev
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If I purchased forign curriency while working overseas and
If I purchased forign curriency while working overseas and want to exchange it for US dollars what kind of taxes will I have to pay?… read more
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Few questions Im a non-resident immigrant in US and I
Few questions: I'm a non-resident immigrant in US and I need clarification on how taxes should be calculated on my foreign trading account. What is the capital gain on the following hypothetical trade… read more
Lev
Lev
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Bachelor's Degree Equivalent
32,415 satisfied customers
I have a foreign currency CD at Everbank and my year end statement
I have a foreign currency CD at Everbank and my year end statement shows interest gained and dates. But I lost a lot of money when the exchange rate changed and the US dollar moved higher. how do I ac… read more
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What happened to my answ-er. I logged into Pay Pal and it was
What happened to my answ-er. I logged into Pay Pal and it was accepted then it said to hit "continue" but there was no continue button so I don't know what to do next. The question had to do with tax … read more
jgordosea
jgordosea
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