Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

I bill monthly and get paid in between the next 30 Days after billing. In meantime the exchange rate changes. Thank you

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Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

No, because you have no loss to claim. You only report as income, the actual dollars received when the foreign currency is exchanged for those dollars. So you only get taxed on what you actually get.

Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

I figured… thank

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Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

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Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

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Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

Can I deduct my loss of 9,885.71$ due €/$ exchange rates ? Or easier said. I Billed 9,885.71$ More over the year that I received because the exchange rate change.

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