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Re: Foreign Accounts and Trusts

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coded_42

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Mar 22, 2012, 8:40:06 PM3/22/12
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Hi:

I'm trying to finish my 2011 taxes and have a question about Foreign
Accounts and Trusts. I'm not even sure if this applies but I'm
employed by Publix Super Markets ( http://publix.com ) ...and as an
employee I'm entitled to stocks and a 401K ...if some of that is
vesting in foreign stocks, bonds, etc...would I have to report that as
Foreign Accounts and Trusts?

Arthur Kamlet

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Mar 22, 2012, 9:25:39 PM3/22/12
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In article <7a5509b1-5ca5-4f90...@k14g2000vbe.googlegroups.com>,
Check out the holdings in the 401k, Chances are that any foreign
stock is actually an American Depoisitory Receipt share or similar, which
is a US stock, packaged by a Big Bank somewhere in the US.


Similarly a US Stock fund that invests in foreign stocks is still a
US fund and not subject to reporting.
--

ArtKamlet at a o l dot c o m Columbus OH K2PZH
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