@BillM223 @TomK100
Thank you for the reply.
I have one more question that I just now thought of.
Prolific Academic pays me in British Pounds to my PayPal account. I then have PayPal convert it into US dollars so I can deposit the money into my bank account.
With the exchange rate constantly changing, how should I report my Prolific earnings?
Should I take the full amount in British Pounds and multiply by the current exchange rate, and report that amount on my taxes?
Or should I add up all of my deposits, that were already converted into US dollars, and report that amount?
