Hi,
I have just read this threat and I am a bit confused. I had purchased several foreign CDs through a foreign bank. Besides reporting the interests do I also have to notify the IRS that the CDs matured?
I have to file form 8938 where it asks for foreign bank accounts and if the accounts were opened or closed during the year. If I report those CD accounts in that form do I also need to notify that the CDs matured? or is this discussion just for Brokerage CDs ? Please clarify because I am totally lost now.
@MarilynG1
@DianeW777
@RobertB4444
