Hello lulukern123,
Thank you for joining us today. As to your question, the taxable event would be when the sale happened and she received the proceeds in the foreign currency, not when the money is transferred to her US bank account.
She will need to convert the foreign currency to US dollars and don't forget that she can include any improvements to the cost basis and deduct any expenses related to the sale. She can also claim the foreign tax credit for any taxes you may have to pay to the foreign country.
I hope that helps.
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