KarenJ2
Expert Alumni

Get your taxes done using TurboTax

That is correct.  If you were a nonresident in 2019 you do not need to file an FBAR or Form 8938.  If you are a resident in 2020, you will need to file the FBAR and Form 8938 if it applies.

 

Comparison of Form 8938 and FBAR Requirements

 

 

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