Re: 100% wrong advice
What if you never have over 10k in your Neteller account, but you do have a lot more than 10k in various poker sites? Are the poker sites themselves foreign accounts? Obvioiusly this is a question for a tax advisor, but I'm wondering if any of you have asked your tax advisor, and if so, what did they say?
Also, when do you have to report the foreign account? Before the end of the year? At the same time you do your taxes? As soon as your account exceeds 10k? Some other time?
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