RobertB4444
Expert Alumni

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.

 

@AndreC1 

 

 

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