How is fixed deposit interest from india for 5 years taxed in usa? Is it after the maturity or each year end? If account is closed prematurely it accrues a penalty .

Hari1 · May 22, 2025 11:47:46 AM

If reported annually and closed prematurely the interest amount might be less than what have already reported in taxes in usa . How to recover the loss in that case.

Hari1

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How is fixed deposit interest from india for 5 years taxed in usa? Is it after the maturity or each year end? If account is closed prematurely it accrues a penalty .

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