Foreign Assets in Traditional IRA
Are there any special disclosures that a taxpayer needs to do if he/she has a foreign bond in a traditional IRA? The value of the foreign bond was less than $10000 for the entire tax year. When filing his/her personal 1040 are there any special disclosures or additional forms he/she needs to include? Thanks.
Submitted by Mark Sands on Tue, 2022-03-15 03:31