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B) Interest earned, nonetheless paid, during a bond year, must be accrued at the end of the bond year and reported as taxable income for your calendar year in how the bond year ends.
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The increased foreign earned income exclusion, increased income tax bracket income levels, and continuation of Bush era lower tax rates are all good news for many of American expats. Tax rules for expats are development. Get the professional help you need to file your return correctly and minimize your You.S. tax.
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