It would not tell you what you need to know. It would only tell you what their total income is, how much is from investment, how much for services, and what kinds of deductions they take. It would not tell you where the income came from. I suppose that if they supplied the W-2s and 1099s, it might tell you who paid it to them, but probably not why. And foreign companies probably would not even provide a W-2 or 1099.
I am not a tax accountant. Isn’t there a seperate designated area on the general form listing foreign income and a separate form requiring the detailed listings of this income? just asking
Anyway, we all know that Hillary is an expert investor. There should be no doubt she had invested in wheat futures about 8 months ago at $5/bushel. Today they are about $10/bu. Explains it all.
$5 bushel profit X 1 million bushels = $5 million dollars.
US annual wheat production is just under 3 billion bushels so no problem here.
Taxes on World Wide Income
U.S. Permanent Residents (green card holders) as well as U.S. Citizens must report each year their income earned anywhere in the world. That means your U.S. income tax return must include:
Foreign dividends
Rental Income Earned Abroad
Foreign pension income
Foreign capital gains or losses on stocks, bonds, real estate
Foreign royalties
All other foreign income
http://www.taxmeless.com/page4.html