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Open foreign account or just wire service money to US bank?
Hello!
I understand I need to report a foreign bank account, and the amount over $10,000...and any accrued interest.
Is it worth it to go to all that trouble to get an account in another country or should I just have the money for my service wired directly into my US bank account?
It's not earned income per se, it's more of a goodwill payment, or commission type.
Thanks!
Topics:
‎April 19, 2024
7:26 PM