Hi DaveF1006,
Thinking through this, when do I report the sale, on the 2024 1040 or on 2025 1040 ? If I report the sale on the 2024 1040, won't I will be liable for paying capital gains on it ? I have already paid estimated taxes to the foreign govt (called TDS) and it would be odd if I have to pay capital gains on the US return for 2024 and then claim the credit next year.
