WilsonCheng88
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RE: Reporting income from a deeply discounted security in a foreign account
I would like to double confirm the rules about Deeply Discounted security - Losses cannot be deducted. If I disposed 2 different US Treasury Bills in FY23-FY24, I loss GBP 100 in one of US Treasury Bill and gain GBP 200 in another US Treasury Bill As Losses cannot be deducted, should I declare GBP 200 in the foreign section (SA106) page F6, box 41. Thank you.