[Response to Guru Fnu Lnu’s 5-11-2026 dinar tax post below] I decided to re-check…IRS.gov website, & summarize them for you…IRS Publication 525 – Catalog Number 15047D – Taxable and Nontaxable Income… – page 33: “If you have a gain on a personal foreign currency transaction because of changes in exchange rates, you don’t have to include that gain in your income unless it’s more than $200. If the gain is more than $200, report it as a capital gain.” IRS Topic no. 409, Capital gains and losses: ” …For taxable years beginning in 2025, the tax rate on most net capital gain is no higher than 15% for most individuals … However, a capital gains rate of 20% applies to the extent that your taxable income exceeds…[$533,400]…Net short-term capital gains are subject to taxation as ordinary income at graduated tax rates.” Taxpayers do not choose whether to report profits from Foreign currency transactions as capital gains or as ordinary income…the actual IRS law determines this fact and the defined rates! Trader John [dinar guru Note: Consult your tax and asset protection advisors to determine the ideal tax strategy for your unique circumstances.]
