sid_verma
Feb 14, 2011, 07:15 PM
Hi,
I'm a US permanent resident(GC). While filing my tax returns for 2010 I came to know that I need to report all foreign bank accounts(Interest bearing).I have a NRE account. I have held this account from Dec 2008. I will be completing the form TD F 90-22.1 for my 2010 returns.
My question:
1)Since I did not complete the form during my 2009 returns, do I need to complete another form TD F 90-22.1 for 2009? Am I looking at any penalties?
2)Do I need to complete any other form in addition to TD F 90-22.1?
I'm a US permanent resident(GC). While filing my tax returns for 2010 I came to know that I need to report all foreign bank accounts(Interest bearing).I have a NRE account. I have held this account from Dec 2008. I will be completing the form TD F 90-22.1 for my 2010 returns.
My question:
1)Since I did not complete the form during my 2009 returns, do I need to complete another form TD F 90-22.1 for 2009? Am I looking at any penalties?
2)Do I need to complete any other form in addition to TD F 90-22.1?