- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Foreign income tax - from unrealized gains
I understand that certain employer-sponsored foreign pension plans are taxable not only on distributions but also on year-to-year gains.
My question is related to the following scenario:
For example, year-to-year loss in Euro is -100e but in USD it is +50$ gain (theoretical example). Do we report it as a gain on a US tax return?
March 3, 2021
3:21 PM