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B) Interest earned, however, not paid, during a bond year, must be accrued at the end of the bond year and reported as taxable income for the calendar year in that this bond year ends.
Muni bonds should be owned in your taxable brokerage accounts, and never in your IRA or 401K accounts because income in those accounts is already tax-deferred.
There is completely no for you to open a bank keep an eye on a COMPANY you own and put more than $10,000 in and not report it, even purchasing don't sign up the banking. If will not want to report in order to a serious felony and prima facie bokep. Undoubtedly you'll also be charged with money laundering.
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