So it seems to me the closer we get, the more rumors are flying and convoluting the situation ( indeed , turning this into a headache).We have all by now heard the arguments on both sides of the coin , either it being tax on general income or Capital gains. Lately I have been hearing a few additional details that will clearly make it a case by case process. Examples such as capital gains only applying to those who do foreign currencies as their occupation versus the occasional note holder. I've also heard if you are employed elsewhere and just happen to have dinar that would make it a different deal , those who got dinar not being employed and working something more traditional wont be subject to taxes as its supposed to be a non taxable event .General Incomes argument is you would pay more accordingly , than you would on capital gains, but if they change the tax code in three years or less after exchange , you could file an amendment and be due a refund, versus if you pay on capital gains, you could end up owing more. Its been going around also that Trump is working to get rid of the capital gains this year. Just heard a bit ago that some believe there will be an up to ten percent exchange fee outside of the bank spread we are already aware of ,but I've not heard of a exchange fee outside of the spread before... I do not plan to exchange the second this event goes off as I plan to wait and see details emerge from others who do to have a clearer picture. I have even thought I would simply call the IRS and say look , this is what I have in totality for exchange and want to know how much if any do I need to pay , so you will leave the rest alone so I can go sit on the beach in the Bahamas and not have to hear from you anymore .. Lord help us , we're in for a ride when this blows.