Foreign bank accounts

[binchois]

am a US citizen. My mother is Canadian, living in Canada. I have a joint account with her that I do not use. She pays tax in Canada on the interest. It seems wrong that I should pay tax on the interest here as well.

[ee-ea]

Does Mom get a slip for the interest also?

[binchois]

She does, I do not.

[binchois]

Just saw a similar question. Answer was"No, if you did not actually receive any of the interest income, you are not required to report it on your tax return." But I guess I expected a requirement for some kind of paperwork or confirmation of that. I don't have it. I have another Canadian account, but it's an RSP and actually says "interest paid to you = ZERO."

[ee-ea]

Paperwork needed to show that you do not owe on this account is the slip with only Mom`s name on it.