- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
FinCen Form 114 - QQ re the Highest Daily Balance
Hi
I have an International Current Account outside the US. For Form “FinCen Form 114” I need to report the highest balance during 2021
Balance was 1000 on 2/1. I added 5000 then withdraw 5500 on the same day on 2/2. So the closing balance for 2/2 is now 500
Should I report 1000 as the max balance or should I report 6000 despite the fact that closing balance on 2/2 is 500 as the money added and withdrawn from the account on the same day?
Thank you
January 25, 2022
4:07 PM