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Get your taxes done using TurboTax
the general rule is US citizens are taxed on their worldwide income regardless of where the funds end up. as a matter of fact the IRS nailed some rich taxpayers a few years ago for failing to report their foreign passive income that was left in offshore banks.
get a second opinion from an independent professional. this is a public forum which is not the place to get advice on such a crucial matter. your failure to report this income if required and I think it is, could result in substantial penalties and if substantial enough possible prosecution for tax evasion.
March 20, 2022
6:08 PM