BobTheTaxMan – Dinar Guru [Exchange tax scenario] You’ve got the IQD in your hot little hand…you run to the bank or an exchange location of some kind. You hand them the IQD, they hand you dollars… Yay hallelujah! You’re automatically exposed to ordinary income taxes…if it’s under $400,000 it’s going to be treated exactly the way it has been under the Trump Administration but when you get over that $400K mark it’s a new ballgame. [Post 1 of 2]