I'm filing my taxes (yes... I'm a procrastinator!) and am using H&R Block at home program. I've come to the section asking about interest earned on bank accounts and need to include a small amount of interest I've earned on an account I have in France. Since this bank has no connection to the US, I did not receive a 1099-INT but am using the December 2012 statement that shows the amount of interest I earned in 2012. Do I need to send the IRS any paper documentation to support the amount of interest earned that I am claiming? Of course, all I would have at this point is the bank statement if documentation is needed.

Thanks

No, no need to send any statement to the IRS with your return. You would just have to send them if the IRS requests it, so keep everything for your records.
Enter the interest as if you had received a 1099INT. If you paid taxes on the interest in France, enter them in box 6 and you can get a foreign paid tax credit.
Also note that you might have to file FBAR forms if the total in your foreign accounts was $10000 or more at any point during the year.

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Originally Posted by taxesforaliens

No, no need to send any statement to the IRS with your return. You would just have to send them if the IRS requests it, so keep everything for your records.
Enter the interest as if you had received a 1099INT. If you paid taxes on the interest in France, enter them in box 6 and you can get a foreign paid tax credit.
Also note that you might have to file FBAR forms if the total in your foreign accounts was $10000 or more at any point during the year.

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Thanks for the response to my question. I'm fine as far as FBAR goes at this point, but am aware of the need to report to the Treasury Department via FBAR when my balance is $10K or more.

Also, check to make sure that you do not have to submit Form 8938 if your foreign bank balances exceed the amounts specified under FATCA.