@ThomasM125 Thanks. But in terms of FBAR, do you think my spouse should file her own FBAR and report her bank account plus crypto foreign exchange that is on my name?
Edit:
I was not able to find a lot of information about community property interest regarding FBAR requirements. The one thing I found is this article - https://www.bragertaxlaw.com/can-i-be-an-innocent-spouse.html Saying:
Furthermore, just because you may have a community property interest in the foreign bank account that does not mean that you have a financial interest in the account. To put it another way, if your only stake in the foreign bank account is your community property interest you are not required to file an FBAR.
Unfortunately that's all I was able to find. Looking into FBAR instructions I was not able to find anything specific to "community property". They are talking about a joint account, however I don't think "community property" is anything close to a joint account.
