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Investors & landlords
Hello
So, exactly how and where do you report the growth inside foreign life insurance policies? Would this growth be considered interest, dividend or capital gain? No payments have been received yet. In one case, one policy was discontinued due to non payment of premium and one was surrendered and added as premium into another, which is still active. Thresholds met for FBAR, but not for Form 8938.
Thank you
‎January 25, 2024
7:05 AM