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Level 1
June 6, 2019
Question

Entering interests from a bank in france

  • June 6, 2019
  • 1 reply
  • 11 views
Do I need to declare them, and if yes, how?

1 reply

Level 5
June 6, 2019

You just enter in under Wages & Income, Interest Income.  All you need is the name of the bank and the amount in US$.  If you want to be very correct you report the amount according to the exchange rates when the interest was received.  That's probably a good thing to do if the amount is very large.