Replies

To: SeekAndFind

No. The IRS taxes income, not previously and legally acquired capital.

14 posted on 03/15/2021 2:41:23 PM PDT by Pearls Before Swine

To: Pearls Before Swine

RE: The IRS taxes income, not previously and legally acquired capital.

So, the interest earned from the Swiss bank account deposited BEFORE the individual became a US Citizen is taxable by the IRS?

17 posted on 03/15/2021 4:49:07 PM PDT by SeekAndFind

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