I have a Bond from India bank which matured last year but the payment was processed this year. Do I report the bond proceeds on last year tax return or this year return?
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I have a Bond from India bank which matured last year but the payment was processed this year. Do I report the bond proceeds on last year tax return or this year return?
This is a Bond purchased 20 years ago and it matured last year (Sept 2022). Due to paper work and processing the actual payment was done in April 2023