Other $1K loss is transfer fees, commissions and government tax on exchanging lira to USD.@ToddL99mentioned that I better file FBAR and 8938 because IRS may say...
@ReneeM7122Thanks so much. Line 21 of Form1040 for year 2020 is not "Other Income or Loss". I think since 2019 that old format of 1040 has been changed. Prior t...
Thanks.Some of these USD funds were converted into turkish lira, and then after the deal falls apart (2 days later), turkish lira is converted back to USD for w...
Thanks, very clear. This transaction happened in Mar2021. I have to file FBAR and 8938 when I file for my 2021 taxes in 2022? Or do I have to file immediately n...
Geauga,I saw your latest response to Priya's questions about reporting foreign interest, that was very good. Can you also summarize how you ended up handling yo...
