itonewbie
Level 15
02-09-2020
10:14 PM
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@The Real Halloween wrote:
Thanks for the comment.
The joint account is a foreign account and TP's mother is a nonresident alien with no SSN.
If it is only interest income, it is fine to report as Anna suggested because interest on deposits is specifically exempted from tax under §871(i) so long as the interest is not US-ECI.
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