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Get your taxes done using TurboTax
Canadian taxes would have been a deduction for a foreign tax credit.
Your accountant was dismissive because the interest will generate less than $100 in taxes. But he's not the one that has to pay any penalties or interest if you receive a notice from the IRS. You should make that decision for yourself.
But definitely include the Canadian interest this year.
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‎April 3, 2024
11:54 AM
3,814 Views