templar

Thanks.....I get the sarcasm and haha, lol. All joking aside, I just didn't understand the receipt thing. I have done currency exchanges before but never needed to show a receipt for tax purposes, (to show if I profitted) before...I mean who is to say I did not pay even money and never got a receipt. I mean if it is currency, it is currency right? I thought about just going over seas and exchanging there after RV then depositing it in $$ over the wire. Whats the diff? Thanks, I think I will keep em and just see what happens.

Thank you all. Upgradable, I have that already and it does not answer this question....I am trying to decide whether or not I shoud just shred these bills. I am thinking so because as it looks as if they are worthless to me due to the fact that I will not be able to cash them in since i do not have a receipt. They were given to me and that person that gave them to me is no longer alive. I have number of these 10k bills, who is to say when I cash them in what I got them for. I really need some good accurate advice here. If I can't get it here where should I go?

Hey everyone, I am new here and have a very, very, stupid question. I am concerned with how to cash in after the RV, (when and if it happens), with taxes on gains. How is it proven on how much you have made? I don't have a "receipt" and have a rather large physical sum of NID/IQD. When I go to cash it in, how can the IRS prove I made any money at all on it? It was given to me by someone that was in Iraq a few years ago and they are no longer "available" What should I do to prepare? Thanks