Hi,
Can anyone help answer whether I need to file FBAR separately in my following cases?
So my wife and I both have foreign bank accounts separately (not joint accounts). And for my wife's account, only she has authority (I don't have any authority) and the value is over $10000. For my account, only I have authority and the value is much less than $10000. In this case, when my wife files the FBAR, do I still need to file FBAR for my <$10000 account?
Thanks,
Lei
