$200K IQD to Kuwaiti Dinars to USD: Math Quiz - You do the math. What are your Iraqi Dinars worth RIGHT NOW in Kuwait? Place your answers in the comment section. Use the Google Foreign Currency Rate Page. The currency changes so depending on when you do the math, your answers may be different. Be sure to subscribe and hit the bell to be notified when new videos come out.
This income would be reported on Schedule D and taxed on long term capital gains if you held the Iraqi Dinars more than one year. If you only had the Iraqi Dinars for less then one year, it would be taxed at a higher rate
About Schedule D Capital Gains and Losses IRS.Gov
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