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Get your taxes done using TurboTax
A FBAR is for the full calendar year.
Therefore even if you are a resident alien for only part of the year, your FBAR must cover the full calendar year.
So to determine whether the total balance of your foreign accounts exceeds $10,000, you should consider the full year and also count the accounts closed during the year.
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‎February 9, 2022
9:49 AM
1,147 Views