How to report foreign interest earned as a Resident Alien?
tsha
Member Posts: 1 Newcomer
I have a foreign savings account funded by money earned in the US. Where do I report this amount? The bank does not give me a 1099-INT, and the foreign credit section in FreeTax USA doesn't give me an opportunity to report the amount since the total amount is <$10,000.
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Answers
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In the interest income section, disclose that income in the same way you would disclose had you received a 1099-INT. If the interest is earned in a foreign currency, you can use the exchange rate here:
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