kelly6
Level 2
09-20-2021
01:45 AM
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TP has UK ISA, invested in a fund.
There was a distribution in 2020, so need to report the gain, but not seeing that it's actually flowed through on the 1040 somewhere automatically.
There was a distribution in 2020, so need to report the gain, but not seeing that it's actually flowed through on the 1040 somewhere automatically.
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George4Tacks
Level 15
09-20-2021
10:35 AM
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Please define UK ISA.
Distribution does not necessary mean income. Review the entries on the 8621 and go through the instructions for Form 8621 https://www.irs.gov/pub/irs-pdf/i8621.pdf
Answers are easy. Questions are hard!
Answers are easy. Questions are hard!
