Hello,
I have a situation I need some help with.
My wife and I, we are both US citizens and file jointly. However, for 2023 (and even 2022) my wife lived abroad for the entire year. Reporting foreign assets on form 8938 is provisional on certain thresholds depending on whether people lived in the US or overseas. How should I determine the reporting threshold in my specific situation - I am in the US and she's overseas, but we both are US citizens?
Thanks in advance
Svilen
