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Old 02-02-2018, 03:37 AM
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Question Report/pay US taxes on interest income from foreign bank a/c, where the a/c is owned by my dad (non-resident in US), with me (resident alien) as the joint 2nd a/c holder?

My dad (Indian citizen, non-resident in US) is the owner (first a/c holder) of these accounts and he pays Indian taxes on the interest income earned in these accounts. I (US resident alien) am the joint second a/c holder in these accounts.
(1) Do I have to report the interest earned in these accounts as income in my US tax return as bank interest?
(2) Do I have to report these accounts in FBAR?
(3) Do I have to report these accounts in Form 8938?
I satisfy the reporting requirements for both (2) and (3).



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