After taking up residency in May, I had < $10k USD in my Canadian bank accounts. Earlier in 2017 I had > $10k. Am I required to report FBAR in the 2017 tax year?

lkprocee · ‎June 4, 2019

I took up residency in the USA May of 2017. I just filed my taxes with Intuit, and I had reportable income from June till now, but I'm confused on the FBAR requirements on my Canadian accounts.

I know I am exempt from FATCA, but if I had over $10,000 in foreign accounts before I moved, does that still count against me?

After taking up residency in May, I had &lt; $10k USD in my Canadian bank accounts. Earlier in 2017 I had &gt; $10k. Am I required to report FBAR in the 2017 tax year?

After taking up residency in May, I had < $10k USD in my Canadian bank accounts. Earlier in 2017 I had > $10k. Am I required to report FBAR in the 2017 tax year?