Hi,
I sold a foreign property and changed ownership on 31st of December of 2024. However due to computer glitch, was not able to deposit the funds to the account until following day which was in the new year 2025. Agreement funds of 10% was received in the previous year and part of the taxes were paid to the government in the previous year 2024. Majority of the funds appeared in the bank in the new year 2025. Please let me know if we should file this transaction as part of filing in 2025 for the year 2024 or or file next year (2026) for the year 2025.
Thank You
George
