Suppose during 2007 I purchased from my USD base currency account 100,000 Euro at a total cost (including commission) of $140,000. Later that same day I sell the 100,000 Euro for net proceeds of $141,000. Question 1 - Where on the IB tax forms does this transaction show up? Question 2 - Where on my tax return does this get reported? Is it on Schedule D as a short term capital gain like a comparable stock trade?