1. Use the code to determine how to enter the income. See 1042S Codes Explained. My guess would be self-employment income from reading through the above.
2. Please see Yearly Average Currency Exchange Rates - IRS which includes:
The Internal Revenue Service has no official exchange rate. Generally, it accepts any posted exchange rate that is used consistently.
When valuing currency of a foreign country that uses multiple exchange rates, use the rate that applies to your specific facts and circumstances.
From Yearly average currency exchange rates for converting to US dollars, Japan Yen for 2023 is 140.511
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