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Get your taxes done using TurboTax
Thank you for the answer(s)! I understand the reporting requirements to a degree, but basically is it worth the effort t keep the balance below the 10k threshold? It can be tricky given the volatility of currency. Are there tax penalties/consequence/disadvantages If I go above the 10k amount, or is it simply that I must report it? -Thanks!
‎July 27, 2022
9:45 AM