Hi @ErnieS0, for Form 8938, I believe the threshold is 75k for at any time and 50k at the end of year?
additional question for form 8939:
1. when you say “If you held foreign financial assets worth more than xx”, does foreign financial assets include cash deposits?
2. If the threshold is triggered by one account, Should we also add foreign accounts that have 0 balance or the accounts that have been closed?
3. I hold one bank account in China, on its app, I could purchase financial products such as bonds and mutual funds. All interest payment from bond and dividends from mutual funds were received by this bank account, so it sounds like “Robinhood”, but itself actually is a debit card account but I could use the deposit to buy bond/mutual funds. I do see I have account ids opened with financial product companies, which I guess they were auto-authorized to open when I used my bank account to purchase bonds/mutual funds. Should I treat them as “Robinhood” by adding only my bank account on FORM 8938 or should I add them all?
thanks!
