Hi,
Question about GIC accrued interest and maximum account value on FBAR.
Should accrued interest in a non-registered GIC account be included in the maximum account value on an FBAR?
For example, consider a $20,000 GIC purchased on 9/1/2023, maturing 8/31/2024 (simple interest, paid at maturity ...
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- Thu Feb 08, 2024 5:57 pm
- Forum: Canada / United States Tax & Accounting
- Topic: GIC Accrued Interest and FBAR Maximum Account Value
- Replies: 1
- Views: 930