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Get your taxes done using TurboTax
You can quit second guessing yourself if you have been reporting your foreign interest on your U.S. Tax Return. A US Citizen or resident alien is required to report 100% of their worldwide income. The fact that you left the interest in the foreign banks is not relevant. You should also be taking a foreign tax credit for the tax you are paying on the interest (and any other foreign tax) to India.
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‎February 27, 2022
7:18 PM
1,444 Views