Tax rebate from a foreign government - taxable income in the US?
#16
Re: Tax rebate from a foreign government - taxable income in the US?
Thank you, guys - it all sounds quite straightforward. I'm glad I asked about this, as I hadn't even considered the 'taxable interest' element. It's likely to be the $250-300 region, if the Swiss govt is still paying the 2% I remember from when we were there, so needs reporting but I don't thiiiiink they then withhold tax on it (and even if they did it's probably not even worth worrying about foreign credits).
Think I shall have a little play with Turbo Tax Premier over the weekend, then I'll have more of an idea of what I'd need to find out/ have in front of me to prepare taxes.
Think I shall have a little play with Turbo Tax Premier over the weekend, then I'll have more of an idea of what I'd need to find out/ have in front of me to prepare taxes.