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Where do I report capital gains and interests from foreign bonds held inside of a financial account located in a foreign bank?
https://www.irs.gov/businesses/corporations/basic-questions-and-answers-on-form-8938#ForeignQ1
At this page, the IRS says: "Foreign stock or securities, if you hold them outside of a financial account, must be reported on Form 8938, provided the value of your specified foreign financial assets is greater than the reporting threshold that applies to you. If you hold foreign stock or securities inside of a financial account, you do not report the stock or securities on Form 8938."
So, if I do not report them on Form 8938, where do I report them??
At this page, the IRS says: "Foreign stock or securities, if you hold them outside of a financial account, must be reported on Form 8938, provided the value of your specified foreign financial assets is greater than the reporting threshold that applies to you. If you hold foreign stock or securities inside of a financial account, you do not report the stock or securities on Form 8938."
So, if I do not report them on Form 8938, where do I report them??
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May 31, 2019
6:49 PM