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Seniors and students
It was a non qualified annuity, it is being held under the 5 year rule, I took a distribution ... claimed the accrued interest for that year. I had to pay tax on the full amount in the USA (till all interest is taxed). I just reported it on Schedule D. A so called cross border tax fellow said I should be reporting the full amount. Not sure if he meant to report the full amount on 1099R and make a deduction or what? I decided to just ask you folks as I doubt you will post incorrect info so it could be trusted.
‎October 30, 2019
7:34 PM