1. My mother sold some real estate in India in 2021 and gifted me a third of the proceeds but these proceeds are in Indian currency (rupees) in a bank account I have in India. Do I need to report that income when I file my 2021 returns?
2. I was a 1/3 owner of a store in a mall that we sold also in 2021. I got a third of the proceeds but was paid in Indian currency (rupees). Does this need to be reported as income when I file my 2021 taxes?
