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Get your taxes done using TurboTax
That should be posted as a new question. You may also run into reporting the foreign accounts (depending on the amounts) using FBAR and/or Form 8938. See this IRS website - <a rel="nofollow" target="_blank" href="https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements">https://www.irs.gov/bu...>
Transfers between bank accounts are not reported by you to the IRS, although your US bank will report cash transactions to the IRS if $10,000 or more. Then you have the issue of foreign investment gains or losses to attend to on your US federal tax return.
Transfers between bank accounts are not reported by you to the IRS, although your US bank will report cash transactions to the IRS if $10,000 or more. Then you have the issue of foreign investment gains or losses to attend to on your US federal tax return.
‎June 3, 2019
11:14 AM