giumar
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Okay! Now that makes sense. 8938 is not for income generating accounts, but generally speaking for foreign accounts.. Thank you for your patience!
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Thank you. Please forgive me for my slowness but I still don't quite understand. If I report all gains and interests coming from those bonds on Form 8949, why s...
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Exactly! The interest practically shows up in what you would call a checking account, to which the brokerage account is linked. So, that being the case, do I ha...
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It is not the bond that does not produce interest, but the financial account in which bonds are held. Basically that account works as a "box", just a container ...
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Thank you very much for the detailed answer. I have one more, related but different question. The financial account where the foreign bonds are held has a value...
Activity Feed for giumar
- Got Cheered for Where do I report capital gains and interests from foreign bonds held inside of a financial account located in a foreign bank?. April 28, 2021 9:25 PM
- Posted Okay! Now that makes sense. 8938 is not for income genera... on Deductions & credits. May 31, 2019 6:49 PM
- Posted Thank you. Please forgive me for my slowness but I still... on Deductions & credits. May 31, 2019 6:49 PM
- Posted Exactly! The interest practically shows up in what you wo... on Deductions & credits. May 31, 2019 6:49 PM
- Posted It is not the bond that does not produce interest, but th... on Deductions & credits. May 31, 2019 6:49 PM
- Posted Thank you very much for the detailed answer. I have one m... on Deductions & credits. May 31, 2019 6:49 PM
- Posted Where do I report capital gains and interests from foreign bonds held inside of a financial account located in a foreign bank? on Deductions & credits. May 31, 2019 6:49 PM
- Posted Form 8938: determine how much tax on After you file. May 31, 2019 6:44 PM