Topic: Tax
Subject: Foreign bond tax question
Scott PiskinMember: 2015
Posts:
2 Submitted on 04-12-19 11:15 pm
Message:Own 10 year 1,000 Euro bond that matures in 6/30/2020, with a 5% coupon paid annually on 6/30.
I bought the bond for 110 Euros on 5/30/2018, and the exchange rate was 1.15 $ per Euro ($126.50).
I sold the bond on 3/31/19 for 115 Euros, and the exchange rate was 1.05 $ per Euro ($120.75).
Taxable income/gain in 2018 and 2019 from this bond ?