Hello, I called the IRS on Tuesday and spoke with a fellow who said if the bush tax cuts were extended it would be filed under "Capital Gains". Publication 525 Foreign Currency Transaction, basically anything from a foreign currency exchange if there are any gains over $ 200.00 will be taxed at 15%. Just what he told me, however, in my experience, I have spoke with plenty "professionals" who sometimes gave me the wrong info. Just wait till the date of RV and research after that, i'm sure new rules will be established or something, look for amendments. Due diligence.