I come to the US a few times per year for vacation. I have opened a CD Account that is earning interest. Do I have to pay any taxes to the US or to Switzerland for the interest that has been earned?
I am from Switzerland and Have a US CD Account, do I have to pay US Taxes?
What form did the bank have you fill out? It should have been a W-8BEN form, indicating that you are a non-resident.
If the interest is paid through the bank, it is not taxable to you on a US tax return.
IRS publication 519.
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