You do not need to report on your tax return a money transfer from the US to overseas.
However, you will have at least one reporting requirement for your foreign bank account.
You will need to reply to the question in TurboTax regarding foreign financial accounts. You may need to file the FinCEN 114 (FBAR) and the Form 8938,
Who must file an FBAR
United States persons are required to file an FBAR if:
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the United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and
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the aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year reported.
United States person includes U.S. citizens; U.S. residents; entities, including but not limited to, corporations, partnerships, or limited liability companies, created or organized in the United States or under the laws of the United States; and trusts or estates formed under the laws of the United States.
FBAR filing link
Comparison of Form 8938 and FBAR
Form 8938 can be filed with your TurboTax return if it applies to you.
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