IRS filings for those with an US account at IB

Discussion in 'Stocks' started by VoodooMMI, Jul 2, 2009.

  1. VoodooMMI

    VoodooMMI

    If you have an US account at Interactive Brokers and purchase stock on a foreign exchange, does that may you responsible for filing a "Report of Foreign Bank and Financial Accounts (FBAR)" with the Internal Revenue Service?
     
    #1     Jul 2, 2009
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  2. Daal

    Daal

    I dont think so because the custodian is an US entity. But dont take this as advice
     
    #2     Jul 2, 2009
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