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*OMB APPROVAL NO. 14050170 EXPIRATION DATE: 03312018 ESTIMATED BURDEN: 1.5 hours. S. Department of StateTRAINING/INTERNSHIP PLACEMENT PLAN SECTION 1: ADDITIONAL EXCHANGE VISITOR INFORMATION Trainee/Intern
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Who needs section 1 additional exchange?

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Individuals who are seeking to exchange additional currency or funds.
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Section 1 additional exchange is a form that must be filed by individuals who have exchanged foreign currency or cryptocurrency in the tax year.
Individuals who have engaged in foreign currency or cryptocurrency exchanges during the tax year are required to file section 1 additional exchange.
To fill out section 1 additional exchange, individuals need to provide details of each foreign currency or cryptocurrency exchange they have made during the tax year.
The purpose of section 1 additional exchange is to report foreign currency or cryptocurrency exchanges for tax compliance purposes.
On section 1 additional exchange, individuals must report details such as the date of the exchange, the type of currency exchanged, the value of the exchange, and any gain or loss incurred.
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