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@pk

Hello,

As an expat living overseas, I can use the double taxation treaty between the US and a foreign Country.

My mother had 30 year savings bonds and never paid interest while alive in the US, the

total amount  is taxed, about 75% is interest. The K1 forms are entered and the interest is taxed

in the US as ordinary interest income. Germany taxes the total savings bonds capital + interest.

 

Proportionally to taxes paid, I will enter on 1116 form.

 

As far as currency exchange loss I found an post between  Olivert08 and DAVEF1006 that is good.

Thanks for you answer.

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