DaveF1006
Expert Alumni

Get your taxes done using TurboTax

Regarding your questions:

 

  1.  You do not need to report your specified foreign assets during the period of time you were not a green card holder. This means you would only report the highest balances between mid-October until 12/31.
  2. Since you are not living in the US or wasn't on Dec 31, you would follow the threshold requirement that states  if the total value of your specified foreign financial assets is more than $200,000 on the last day of the tax year or more than $300,000 at any time during the tax year, you have  a reporting requirement.

@Le_nene 

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