Hi, I read several post I know that transferring money from my US Bank to Foreign bank is ok as the money in my US bank is already taxed.
The question is.. Let's say I transferred 50K from Bank of America to Bank of Tokyo in 2020, both accounts owned by me, Do I still need to file FBAR and 8938 ? since those money is not earned in a foreign country, I simply transferred the $ from one US account to a foreign account?
Thank you.
