- April 30, 2024
- Posted by: legaleseblogger
- Category: Related News
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Hey all,
This seems to be a bit of an edge case and I can’t find any info on it. I sold some shares (US account) on December 30th, 2023; however, I didn’t remit the money into Japan until early 2024.
I am unsure whether this transaction should be reported in my 2023 or 2024 tax filings. As a permanent tax resident (non-US), I want to ensure that I am filing my taxes correctly and efficiently to avoid any issues with tax authorities.
AI Legalese Decoder can assist in interpreting the legal implications of this situation, providing clarity on the tax reporting requirements for cross-border transactions like these. By utilizing this tool, I can gain valuable insights into the tax treatment of my shares sale and ensure that I comply with all relevant regulations and obligations in both the US and Japan.
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****** just grabbed a
2023 taxes
What is the date when the amount was credited in your account? I’m not sure about US banks, but many EU banks credit stock sales 2 days after the trade – which could make a difference here.