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Can I amend previous tax return to report back the foreign life insurance policies? How many years return need to do? The insurance polices are over 20 years.
My husband passed away and have 2 WL policies in Hong Kong, each cash value is over $10k but less than $20k, I don't know they count as foreign assets and haven't reported on tax return as foreign accounts. Will turbo tax has any professional can assist what steps to do to fix the missing parts on the return?
Should I use IRS voluntary Disclosure Program and I am non- wilful?
Should I use IRS voluntary Disclosure Program and I am non- wilful?
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‎April 3, 2024
1:23 PM