I have (short term) capital gains from selling one of my companies overseas, in a transaction that was finalized last October. However, the money (both my cost basis and my capital gains) may not reach my USA bank account this year due to some international account proccessing.
I suppose I still have to report the transaction and the corresponidng capital gains when i file my 2022 tax return next April, and pay tax for the capital gains by April 15, 2023. correct?
if the capital gains amount is significant, do i have to even pay also estimate tax by Jan. 15, 2023 even though I may not have yet recieved the money?
Please advise. Thanks in advance.
