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had foreign bank account and I received interest for 2024. But should I fill my interest earnings from foreign banks in the 1099 int form or fill fbar or both
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2 weeks ago
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April 04, 2025
7:14 AM
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had foreign bank account and I received interest for 2024. But should I fill my interest earnings from foreign banks in the 1099 int form or fill fbar or both
You will report the interest income as if you received a 1099-INT.
Where do I enter Form 1099-INT?
You need to file FBAR if the aggregate value of your foreign financial accounts exceeds $10,000 at any time during the calendar year.
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2 weeks ago
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